Granularity and Consistency of Startup Metrics
SoCal CTO
MARCH 11, 2010
Part of those questions are around Startup Metrics. And you definitely should have ideas around important proof points for the business.
Your Customer Success Team Is Focusing On The Wrong Definition Of Success
InfoChachkie
AUGUST 22, 2016
The Most Important Metric. Near the conclusion of our discussion, I asked each CEO to name any non-obvious metrics by which they guide their businesses. When Ara concluded his definition of customer success, it was clear that his approach is anything but obvious. Such metrics will obviously differ. Share and Enjoy.
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Why Misunderstanding Startup Metrics Can Cost You Your Business
Both Sides of the Table
APRIL 26, 2016
There has been a lot of public debate over the past several weeks about whether it’s a good thing to be “gross margin positive” or not and commentary always reminds me that some people at startups don’t quite understand financial metrics or even how to think about which ones are healthy. And of course ultimately on profitability.
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Startup Software Development – Do Your Homework Before You Develop Anything
SoCal CTO
DECEMBER 9, 2009
What are your key Startup Metrics ? If you are finding that your system definition is changing as the result of this conversation, then it means that more homework is needed. Iterate until you have a stable definition. Who are the other stakeholders involved? Other types of users? Administrators? What channels will you use (e.g.,
Here’s Why a Booming Tech Market May Fool You into Thinking You’re Successful
Both Sides of the Table
JULY 21, 2014
Poorly implemented this category was the definition of shelfware. Create company measures for success that go beyond financial metrics. You manage what you measure so be careful about having too narrowly defined of performance metrics. Growth markets have a way of fooling us all. Most importantly – YOU need to care.
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10 Metrics To Drive Your Annual Business Review
Startup Professionals Musings
DECEMBER 17, 2013
What I’m talking about here is a level of discipline and skill necessary to collect and analyze the relevant business data, known as metrics. As the end of the year approaches, it’s a good time for every startup to assess the metrics, technology, and platforms they’re using to manage the business. Cost of customer acquisition.
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100 Making Sure You Are Ready to Begin Building Your MVP
SoCal CTO
APRIL 2, 2013
I'm going to be looking at aspects like: Things to consider before building your MVP Features often overlooked when documenting an MVP for developers Understanding important metrics you want to measure Risks and challenges in developing an MVP. It should be a fun evening with lots of interesting conversation. What's going to go wrong?
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10 Key Metrics To Take a Startup to the Next Level
Startup Professionals Musings
NOVEMBER 14, 2012
What I’m talking about here is a level of discipline and skill necessary to collect and analyze the relevant business data, known as metrics. Here is my selection of ten key metrics that every six-sigma joint like GE tracks without thinking, but too many small businesses only monitor haphazardly, if at all: Sales revenue.
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Document Your MVP for a Developer
SoCal CTO
DECEMBER 19, 2012
Me : Product definition, use cases, feature list, wireframes, comps, really whatever you have. For example, if you are trying to determine viral coefficient (see Startup Metrics ), then the focus should be around those aspects of the MVP. Founder : Ummm. what do you mean? Founder : Umm. I'm never trying to embarrass someone.
Develop 354
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Topspin Backs High Def MP3 Format
socalTECH
OCTOBER 11, 2010
Venice-based Topspin , the music marketing and software firm headed by Ian Rogers, said today that it has inked a deal with Technicolor to distribute its music catalog in a new, high definition, MP3 format. Tags: topspin mp3hd high definition content music retail software technicolor fraunhofer. READ MORE>>.
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150 Startup CTO Speaking
SoCal CTO
MAY 21, 2012
Many of the factors are not obvious and include building mystery to drive margin, why boring B2B companies often win but are challenging in other ways, how bootstrapping wins, integrating metrics from the start and many other similar lessons. Startups provide introductions and Tony and fellow panelists provide feedback in real-time.
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The Changing Venture Landscape
Both Sides of the Table
SEPTEMBER 10, 2021
By definition?—?I’m The market definition has changed but what we do mostly hasn’t. One of the most common questions I’m asked by people intrigued by but also scared by venture capital and technology markets is some variant of, “Aren’t technology markets way overvalued? Are we in a bubble?” That used to be called A-round investing.
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The Four Main Things that Investors Look for in a Startup
Both Sides of the Table
OCTOBER 6, 2010
Everyone has their own definition of momentum (user numbers, revenue, channel partners, biz dev deals, whatever). That might work for $50-100k but less likely for $3m unless you’re a seasoned entrepreneur, known to the VC, have some metrics that work in your favor or have built something the VC believes to be truly unique.
Startup 360
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Why Startups Need a Well Articulated Strategy (And How to Think About Yours)
Both Sides of the Table
JUNE 4, 2013
I guess this is the ultimate definition of implementing a business model when you’re not clear on strategy! If it’s the former your company will definitely start to top out at some point. The team has stated it and has built metrics around key goals for future success. My take on his argument is this: 1.
Startup 401
401 Lead Developer to CTO at a Startup
SoCal CTO
JULY 23, 2012
What metrics are going to be the key startup metrics and how do we get those metrics without too much cost? " There are definitely cases where the lead developer grows into a CTO. What do we need to do to make sure we can survive technical due diligence by investors and partners?
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10 Questions To Lead You To Timely Successful Change
Startup Professionals Musings
FEBRUARY 6, 2021
If entrepreneurs answer these questions for their startup, they will definitely stay ahead of most of their competitors in the startup world: What is the “secret sauce” that my startup brings to the problem? Define hard (data) and soft (anecdotal) metrics on the change, as well as on the quality of your leadership.
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7 Ways To Preclude The Most Common Investor Rejection
Startup Professionals Musings
SEPTEMBER 11, 2021
First of all, a definition. Obviously this definition is generic, so my first recommendation is that you take the lead in defining traction metrics for your startup, and then selling your results convincingly to investors. In the consumer world, groups like Consumer Reports , will give you similar credibility, if positive.
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121 Be Honest About Whether Your Product Really Makes a Difference
Both Sides of the Table
JANUARY 25, 2015
So you need to really know what to measure as a definition of success. His point is that you should figure out the metrics that TRULY matter in your business and hold yourself accountable to these. His point is that you should figure out the metrics that TRULY matter in your business and hold yourself accountable to these.
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Attorney and Startup Business Advisor – Aaron Shechet
SoCal CTO
NOVEMBER 5, 2009
It was definitely challenging to make something like that happen in an academic environment. Any thoughts on my recent post Startup Metrics ? The Startup Metrics post is a good example of what I call “holocognics.” Startup Metrics discusses what a Startup needs to consider before “going live.” What are you working on now?
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Tastemade: Our Content Better Than Ads
socalTECH
MARCH 20, 2015
Tastemade said it commissioned Nielsen to evaluate the effectiveness of its sponsored original content for two advertisers on key advertising metrics (brand recall, brand affinity, purchase intent, and brand perception), comparing its content with 30-second pre-roll and TV ads.
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100 Why Startups Should Raise Money at the Top End of Normal
Both Sides of the Table
JUNE 5, 2011
Prices have definitely gone up in 2011 as depicted in the anecdotal chart below. So in 2011 as a startup company if you can generate lots of demand you can definitely raise an A round of capital (say $3 million) at a $7 or 8 million pre-money valuation or slightly higher whereas just two years ago you would have struggled.
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7 Strategies To Solve Your Business Problems Faster
Startup Professionals Musings
SEPTEMBER 9, 2020
A better definition of a problem always leads to a better solution. Make sure that you implement a metric with each solution, to prevent the issue from recurring, and check for side effects and follow-on side effects. Don’t oversimplify – most issues have a scope greater than one dimension. Put the fun back into your work.
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The power of THREE – Solving critical issues
Berkonomics
APRIL 7, 2016
Define success : Think of what an ideal outcome would look like and find metrics to measure progress along the route. Simplify the process: Reexamine the definition and milestones. Create milestones : Make them public, easy to identify when reached, and follow progress toward each, again publicly posting the progress and achievement.
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Success Is Not Always A Straight Line, With Hamet Watt, Upfront Ventures
socalTECH
SEPTEMBER 16, 2013
Hamet Watt: There is definitely a gap between the Series A and B today. That might be overused, but it''s an important metric. You don''t want your venture partner also thinking about things as purely a transaction, especially with startups, because not all of the metrics are crystal clear early, and things change.
Entrepreneur 191
191 How to solve your most critical problems
Berkonomics
JUNE 23, 2022
Define success : Think of what an ideal outcome would look like and find metrics to measure progress along the route. Simplify the process: Reexamine the definition and milestones. Create milestones : Make them public, easy to identify when reached, and follow progress toward each, again publicly posting the progress and achievement.
Metrics 120
120 
5 Entrepreneur Exasperations To Moderate Your Passion
Startup Professionals Musings
AUGUST 1, 2021
By definition, the world of startups today is one of rapidly changing unknowns, where the inputs you receive will often conflict. Data – Define a handful of key metrics to free you from managing personalities, egos, subjective issues, emotions, and intangibles. Instead of controlling the business, the business is controlling you.
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10 Steps To Second Stage Success For Your New Venture
Startup Professionals Musings
MAY 30, 2022
By definition, second-stage ventures generally have 10 to 99 employees and/or $750,000 to $50 million in revenue, and see that as just the beginning. Managing business growth is more than metrics. That’s where I see too much entrepreneur burnout, growth plateaus, and founders being replaced, to their chagrin.
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147 Entrepreneurs Must Measure ROI On Social Media
Startup Professionals Musings
OCTOBER 2, 2013
You can jump into social media with a poor brand definition, poorly focused content, unrealistic expectations of customer service, or be killed by malware or viruses. Return-On-Investment metrics are not new, but the tools are different. ROI entrepreneur startup metrics social media business' Marty Zwilling.
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8 Tips For Quantifying Traction In Your New Venture
Startup Professionals Musings
OCTOBER 17, 2018
What is the definition of traction for a business startup today? Unfortunately, your personal assessment that you have traction probably won’t be convincing to potential investors and partners, so it’s important that you create and track your progress against some metrics. Define metrics on customer feedback and user counts.
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79 Driving User Engagement With FEM's Video Recommendations
socalTECH
SEPTEMBER 19, 2014
However, I definitely see value in video discovery beyond what''s already been built. The metrics are very solid. Other people have worked on content recommendation before, how are you different? Rachel Payne: That''s a great question. A lot of people have done content recommendations before. We are also seeing really high retention.
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When to Use Facebook Connect – Twitter Oauth – Google Friend Connect for Authentication?
SoCal CTO
JANUARY 13, 2010
The fact that Disqus provides a means for me to authenticate quickly and easily using Facebook Connect or Twitter Oauth is great stuff and definitely increases the likelihood that I’ll leave a comment. Take a look at Startup Metrics. I’m less likely to leave a comment if there’s an annoying registration process.
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How Much Traction is Enough for Investors?
Startup Professionals Musings
FEBRUARY 26, 2013
First of all, a definition. Obviously this definition is generic, so my first recommendation is that you take the lead in defining traction metrics for your startup, and then selling your results convincingly to investors. In the consumer world, groups like Consumer Reports , will give you similar credibility, if positive.
Startup 106
106 A Major Step In Gender Equality – Rentable Bridesmaid Dresses
InfoChachkie
JUNE 2, 2014
Quality is definitely key for us.". We keep our eye on a handful of metrics, but we’re focused on customer satisfaction. That said, we are working with our designers to create dresses in fabrics and styles that are more durable and will have a longer life. Our rule of thumb is that we won’t rent a dress that we won’t wear ourselves.
Design 208
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5 Steps To A Winning Strategic Plan Execution Process
Startup Professionals Musings
OCTOBER 28, 2020
This must include metrics and tracking, with the necessary systems and resources to act, recalibrate, and iterate as required. In my experience, the steps outlined here will definitely increase your odds of success and survival. Strategy must be a process, with an implementation system behind it, rather than just a periodic event.
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Answer These Ten Key Questions To Beat Competitors
Startup Professionals Musings
OCTOBER 25, 2014
If entrepreneurs answer these questions for their startup, they will definitely stay ahead of most of their competitors in the startup world: What is the “secret sauce” that my startup brings to the problem? Define hard (data) and soft (anecdotal) metrics on the change, as well as on the quality of your leadership.
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7 Lessons On How Startups Use Social Media To Succeed
Startup Professionals Musings
JANUARY 15, 2022
You can jump into social media with a poor brand definition, poorly focused content, unrealistic expectations of customer service, or be killed by malware or viruses. Return-On-Investment metrics are not new, but the tools are different. hits all the right points from my perspective: There are risks as well as benefits.
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126 Raising $$ on AngelList? Working w/ McClure? Ask Jody Sherman
Both Sides of the Table
MARCH 6, 2011
EcoMom’s metrics improved throughout this process and that’s when I decided to invest. Naval says valuations are definitely going up, but isn’t completely sure why. It’s definitely true that it takes much less money to start a company today than it did when I was starting my first company. I argue the opposite.
Startup 292
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10 Questions Startups Use to Make Change Happen
Startup Professionals Musings
APRIL 20, 2013
If entrepreneurs answer these questions for their startup, they will definitely stay ahead of most of their competitors in the startup world: What is the “secret sauce” that my startup brings to the problem? Define hard (data) and soft (anecdotal) metrics on the change, as well as on the quality of your leadership.
Startup 101
101 What I *Would Have* Said at TechCrunch Disrupt
Both Sides of the Table
SEPTEMBER 27, 2010
So I wish this separate definition would go away. If you do a $1 million angel round at $6 million pre-money and hope to do a Series A round for $2-3 million that’s fine as long as you’re doing awesome against your metric goals and the market continues to be frothy. Now we can call you a seed-stage VC or a micro VC.
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Interview with Jonathan Lehmann and James Chung, KarmaGoat
socalTECH
JUNE 13, 2011
Entrepreneurship, and trying to start something on my own was definitely one of the tracks I was pursuing at Anderson. It was really exciting, but I missed out on the inception of the company, and wanted to have that experience. I've gotten that in spades here at KarmaGoat. Did the experience at Anderson help you with starting the company?
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7 Entrepreneur Attributes Imply Execution Ability
Startup Professionals Musings
APRIL 15, 2013
Proactively sets metrics and track goals. Effective business people work hard to align everyone in the organization toward key metrics. Yet leading for execution is definitely not about micro-managing people or doing it all yourself. Tie rewards to performance results.
Entrepreneur 103
103 Working with Developers
SoCal CTO
APRIL 28, 2014
Ideally, you would have had a technical advisor, had better up-front definition, had more iteration, then you would not be in this situation. Provide the metrics you are trying to achieve. This is a classic sign and you need to do something about it. Once you are here, it’s a tough spot. Developers like to over engineer.
Develop 280
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Interview with Clark Benson, Ranker
socalTECH
JUNE 1, 2011
Our traffic metrics have been growing, and we're now up to over 2 million monthly uniques, and 7 million monthly page views. We're definitely looking for business development and marketing people, and we really could use a strong Java developer who is interested in linked data and the semantic web, and who is a good coder overall.
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195 Interview with Michele Ruiz and Dan Gould, BiasSync
socalTECH
OCTOBER 14, 2019
Why that it is important, is the metrics associated with this is are how scalable it is. There was definitely some work to get all of the technology folks, who had not worked in content production, working with the people in production. We're basically putting those two pieces together.
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