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2011

Startup Lessons Learned

I'm excited for 2011, and I want to share some of my plans for the coming year. Much more is needed, and 2011 will see the first few buds of that research project flower. In 2011, we will do sllconf again, probably in mid-May. Thank you, 2010. I believe we succeeded on all three counts. Stay tuned for details. Verdict: TBD.

Lean 153
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Facebook Advertising / Marketing: Best Metrics, ROI, Business Value

Occam's Razor

FBe's recommendation was (paraphrasing a 35 min talk): Don't invent new metrics, use online versions of Reach and GRPs to measure success. Because we don't understand the uniqueness, we fall back on profoundly sub-optimal old world metrics like Reach or Online GRP equivalents. Metrics are a problem.

Metrics 165
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It’s Morning in Venture Capital

Both Sides of the Table

In an over-funding environment companies are encouraged to eschew revenues in a land grab to acquire eyeballs, clicks, page views or whatever other vanity metrics give VCs the false comfort that they’re sitting on a gold mine. By 2010-2011 this had shrunk by half again, averaging under $15 billion.

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Startup Location Is Still A Critical Success Factor

Startup Professionals Musings

But it is an important metric for firms in pursuit of explosive growth. From 2006 to 2011, the number of startups founded and funded outside of California, Massachusetts, and New York, according to Wessel, has grown by almost 65%. Raising capital isn’t the be all and end all of startup success.

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Why Call Tracking Metrics Matter To Your Marketing Efforts

Duct Tape Marketing

Why Call Tracking Metrics Matter To Your Marketing Efforts written by John Jantsch read more at Duct Tape Marketing. Husband and wife co-founders, Todd and Laure Fisher founded CallTrackingMetrics in 2011 in their basement and together have grown it into an Inc. Marketing Podcast with Todd and Laure Fisher. This is John Jantsch.

Metrics 95
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Why Startups Should Raise Money at the Top End of Normal

Both Sides of the Table

2007, 2011) and for the hottest of companies and in bad markets for fund raising (2003, 2008) prices test the bottom end of the range. Prices have definitely gone up in 2011 as depicted in the anecdotal chart below. Another firm we saw tried to raise $15 million at a $60 million pre-money with similar metrics.

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Should Startups Focus on Profitability or Not?

Both Sides of the Table

While Google and Facebook will buy “acquihires” (at least as of Dec 2011), many acquirers hate the idea of buying companies that aren’t profitable. (There are many investors who are not looking to build enormous businesses who value the fact that you can run a business profitably). It allows you many more exit opportunities.

Startup 418