🇦🇲🦊 Armenian Startups x ProductHunt | Match made in heaven
Curated resources for Armenian founders and tech enthusiasts.
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Nowadays with access to many no-code platforms, everyone can build an MVP of a product, launch it on Product Hunt, and see if others relate to the problem and solution they’ve created. Within hours, you can get validation on your product and see if it makes sense for you to pursue your idea full time. So what is Product Hunt?
Product Hunt is a website that allows users to share and discover new tech products with other tech enthusiasts. Every day, new products are launched and voted on by other members of the community. All products compete with each other to be the #1 product of the day. The website gets millions of visitors per month, which means getting the #1 position could get you lots of eyeballs on your product, validation, and distribution. Ultimately, it could get you to bring early adopters and supports to your product and validate your MVP with a wider audience.
Many Armenian startups have used Product Hunt and have seen massive success. This could be seen through the amazing startups that won at ProductHunt's GoldenKittyAwards2021 (The Grammys or Oscars of the Product World). Here’s a reminder:
Best Product in SaaS - Lucky Carrot
Best Product in Audio/Voice - PodcastleAI
Best Product of the Year - Softr
Four new startups also had successful launches on Product Hunt in the month of February - see the Armenian Tech News section for the full list.
This blog post from Product Hunt also lays out how to properly launch on their platform. Give it a read if you are looking to launch your product in the near future!
Also, here’s an interesting launch strategy if you are thinking of launching something soon:
Product Hunt and LinkedIn → Talk about your product with an emphasis on your story (What makes you different/special).
Reddit and HackerNews → Talk about your product with an emphasis on how you built it.
Twitter → Talk about your product with an emphasis on the behind-the-scenes of the launch.
Would love to hear your thoughts on the topic! Message me to talk about your strategy to launch your product on Product Hunt!
Armenian Tech News 📣
🚨 The following companies launched on ProductHunt in February:
👨🏫 BAJ Unicorn Academy launches in Armenia to develop machine learning engineers + Armenia opens up its 600th Armath Engineering Laboratory providing free-of-charge engineering education to school children.
🥳 Armenia Startup Academy Traction Program had its demo day for 8 startups that took part in their program. The Startups included Modicus Prime, Bransfer, Buildern, Stingle Photos, EditMentor, Bootcamp, Uteach, and Toxometris.ai.
💼 BuildUp Educational Foundation is accepting applications - the first multidisciplinary product-based Bootcamp with lifelong learning in Armenia.
💸 The 6th annual VivaTech International Exhibition (Europe's largest international technology exhibition-conference for innovators and startups) will take place in the French capital Paris from June 15 to 18. Armenian startups can present their products and solutions on this platform. You can fill in the application form until March 7. For more detailed information about the exhibition, visit here.
What we’re following 🚀
Burn rate rules of thumb for VC-backed startups by Leo Polovets
Demystifying Capex in Software Investing by Jay Vasantharajah
How to Excel in Tech Without Learning to Code by Justin Gage
The global innovation program Visa Everywhere Initiative (VEI) invites fintech and payment startups to present their innovative products and solutions. The finalists will have the opportunity to meet in person with key stakeholders in the banking, commercial, venture, and public sectors. The winners of the competition will receive cash prizes and the opportunity to cooperate with the world-famous Visa brand. Visa does not acquire any equity from the participants of the Visa Everywhere Initiative. More information and application details are available here.
Crypto / Web 3.0:
A product Managers Guide to Web3 by Lenny Rachitsky
Signs your sign needs a product manager by Lenny Rachitsky
Creator Economy Tools: Bridging Web 2 <> Web 3 by Nakul Gupta
Go-to-Market in Web3: New Mindsets, Tactics, Metrics by Maggie Hsu
Gaming / Creator Economy / Consumer:
International Armenian Job Board.
Post your Jobs here
Startup spotlight 👨💻👩💻
Wirestock makes the process of uploading and selling content online on the largest marketplaces easier. Their new platform helps visual content creators monetize their photos, graphics, and videos in seconds. The platform automates content tagging and gives creators one-door access to the largest content marketplaces including Shutterstock, Adobe, Pond5, Alamy, Freepik, and many others. Creators simply post their content with a few clicks and start getting sales from multiple marketplaces through their Wirestock account. The company has helped creators generate over $1 million in sales in 2021 alone and is projected to grow tenfold in 2022.
The Wirestock team is focused on serving a global audience and has offices set up in both Armenia and the Bay Area. They are already working with tens of thousands of creators from 150+ countries, and have partnered with 10+ marketplaces. The company just raised its seed round from 2048 Ventures, Vulcan Capital, Graph Ventures, and others.
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