How did Fomo acquire its first cohort of users and validate the product?
Replied bySe Yong Park
Co-Founder at Fomo
Niche: Cryptocurrency
Revenue: Approx. 8 Million USD/month
Location: New York, New York, United States
Started: 2025
It was extremely difficult. Even though we raised capital from one hundred and forty angel investors, we did not have one hundred active users for months. We relied heavily on our early user cohort from mid-2025 to give us daily feedback. Listening closely to those first one hundred users allowed us to build a product that scales.
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