Nikita Bier tells the story of 15 failed app pivots before selling TBH to Facebook for $30 million

2 Sept 2024 · 3 min
3:29

In this monologue, Nikita Bier recounts his entrepreneurial journey from building a viral policy‑impact tool in college—garnering millions of users and a government contract—to abandoning government software in favor of consumer mobile apps. Over four to five years his team launched roughly fifteen different consumer apps, honing a rapid development process (from a year‑long first app to a two‑week final app) and a reproducible testing methodology he argues is the primary risk reducer for consumer products. When the fifteenth app, TBH, a school‑focused polling platform, launched, it achieved 40% adoption at the seed school within 24 hours and spread quickly, leading to massive server costs (a $120k Amazon bill) and a cash crunch. Bier swiftly organized a funding round, paused other work, and positioned TBH for a competitive acquisition, ultimately selling to Facebook. Throughout, he emphasizes the importance of process, rapid iteration, and data‑driven decision‑making in startup success.

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