Root Access: Pricing for startups

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Pricing your product right is critical for any startup. Macovei Vlad, a viewer, recently asked in the YouTube comment section:
What should be the factors determining the initial price of an app and if a correction is needed what should be the transition strategy to a lower or higher price point without upsetting current or future potential customers? Is ad supported the better way to go form the beginning?
Don Dodge, long-time investor and startup advocate, shares the pricing strategy he has seen work best for startups.
For more Root Access episodes about startups, see the playlist:
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