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Wattpad: Disruptive, Minimal Viable Publishing

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A presentation given by myself and CEO Allen Lau at TechCrunch Disrupt 2012

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Page 1: Wattpad: Disruptive, Minimal Viable Publishing
Page 2: Wattpad: Disruptive, Minimal Viable Publishing

Feb-11 Aug-11 Feb-12 Aug-12

2.4 BILLION

minutes spent every month

Page 3: Wattpad: Disruptive, Minimal Viable Publishing

we are disrupting the$100 BILLIONreading & writing

space

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writer agent publisher printer

distributor

retailerwholesaler

e-publisher

reader

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reader

writer

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Page 7: Wattpad: Disruptive, Minimal Viable Publishing

900,000

minutes spent every monthAug-11 Feb-12 Aug-12

0

500

1000

stories written every month

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125 comments95 votes

10,400 reads

EVERY MINUTE

60 fans& more in forums, etc

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high investmentlong time to

market

Existing Publishing

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low investmentinstant

Minimum Viable Publishing

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1.7 million reads21,200 votes6,000 comments

Collaborative Writing

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1.4 million reads3,500 votes526 comments

Reader Centered Writing

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Demonstration

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yesterday

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today

60 million reads100,000+ comments

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“It's actually a pretty pure

way of getting readership”– Margaret Atwood

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an analogy

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an analogy

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made in Canada