Remove Aggregator Remove Metrics Remove Product Development
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Conversion: The Most Important Internet Metric of All (Revisited)

abovethecrowd.com

Over 13 years ago, in March of 2000, I wrote a blog post titled “ The Most Powerful Internet Metric of All. ” The key thesis was this: if an Internet company could obsess about only one metric, it should be conversion. As such, it is time to pound the table again – conversion is by far the most powerful Internet metric of all.

Metrics 93
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Lessons Learned: Validated learning about customers

Startup Lessons Learned

Every board meeting, the metrics of success change. Their product definition fluctuates wildly – one month, it’s a dessert topping, the next it’s a floor wax. And what of the product development team? First of all, it means that most aggregate measures of success, like total revenue, are not very useful.

Customer 167
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Why diversity matters (the meritocracy business)

Startup Lessons Learned

Two others – that each team member give their input independently and that the results be objectively aggregated – are also key parts of building a meritocracy. Diversity is not the only requirement for making good group decisions. So why is demographic diversity important? So why is demographic diversity important?

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NextView’s Greatest Hits

View from Seed

So, we decided to aggregate NextView’s “greatest hits.” ” Below are our favorite pieces from the past few years, divided in to a few key categories: fundraising, company building, product development, industry trends, and the life of a VC. What Are Your Valuation Expectations? ” (Melody Koh).

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Marching through quicksand

Startup Lessons Learned

Despite all the energy invested in talking to authors about the size of their platform, very few gatekeepers have a rigorous set of metrics for measuring it. When I reviewed a recent product development book, it immediately shot up to Amazon sales rank 300. My blog has over 14000 subscribers, for example. Is that a lot?

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It's a startup, not a spreadsheet

Startup Lessons Learned

In a startup context, numbers like gross revenue are actually vanity metrics, not actionable metrics. Similarly, it’s easy to generate large aggregate numbers by simply falling back to non-disruptive or non-sustainable tactics (see Validated learning about customers for one example). June 8, 2009 1:16 AM Colin said.

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Business ecology and the four customer currencies

Startup Lessons Learned

In an ecosystem, each participant acts according to its own imperatives, but these selfish actions have an aggregate effect. In other words, the minimum viable product is designed to answer the question: does the product generate enough demand and margin to support a growing ecosystem?

Customer 156