Lookastic

Your personal automated stylist

1 follower

Your personal automated stylist

1 follower

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Launch tags:Tech

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AWS Startup AdvisorPersonalized AWS guidance that meets you where you’re already building

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Ghosted.boo

Do you have any questions for me?

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12yr ago

Maker

@Percival why would you NOT invest in Lookastic? I always found answers to this question very valuable.

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12yr ago

Ghosted.boo

@alexandrzaytsev Sure thing, affiliate models are not the greatest revenue stream. Low barrier of entry for others and fluxating margins. Takes lots of work to maintain the traffic flow to make any significant money here. Related: You might need a shit ton more traffic for seed investment on this. We did one similar and I believe they were 2MM monthly UV when they received investment. Fashion/style are tough industries for VC backed startups. I think they have a harder time fundraising and VCs in the valley generally don't get excited about them. Of course there isn't much style here so that's not a huge surprise. :D Markets like LA or NY might be better.

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12yr ago

Maker

@Percival very helpful, thank you! What would your honest advice be for us regarding monetization? We were also thinking about providing our technology to brands so that they can create personalized experience for their fans. Thanks for your time, much appreciated!

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12yr ago

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