A little bit of a salty post here today. I launched MoneyPhone on Product Hunt this morning and to my surprise I didn’t get a single signup. But apparently LinkedIn on the Blockchain got 295 upvotes? This is the third or fourth time I’ve launched something on Product Hunt and I don’t think I’ve ever actually gotten a signup or download. So, despite all of the hype and buzz around Product Hunt, I don’t think the site really works. Well, maybe it sort of works for small minority of people, but I’m going to assume that the majority of startups that launch of Product Hunt probably don’t end up getting much value out of it.
And this goes for more than just Product Hunt. I’ve noticed that link sharing websites in general that use an upvote/downvote system (such as Reddit and Hacker News) only really work if you pay for traffic. If you don’t pay to promote your link the chances of it climbing the rankings and getting any traffic coming your way is pretty much zero.
So in conclusion, I don’t think Product Hunt really works and you’re better off just paying $100 or whatnot to promote your new app on Reddit or Twitter, etc.