Remove Conversion Remove Definition Remove Metrics
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Document Your MVP for a Developer

SoCal CTO

I asked some of the same questions I ask in my Free Startup CTO Consulting Sessions and then I get to a very common conversation: Me : Do you have specs? Me : Product definition, use cases, feature list, wireframes, comps, really whatever you have. Conversations with a technical advisors or possible developers should be iterative.

Developer 354
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Startup Software Development – Do Your Homework Before You Develop Anything

SoCal CTO

I just had an all-too common conversation with the founder of a startup who had spent more than a year working with a software development company who had produced a mess. I always take a very different approach in early conversations. What are your key Startup Metrics ? Iterate until you have a stable definition.

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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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Why Misunderstanding Startup Metrics Can Cost You Your Business

Both Sides of the Table

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. This is often called “funnel optimization.”

Metrics 150
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Making Sure You Are Ready to Begin Building Your MVP

SoCal CTO

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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Updating Your Seed Investors – Board Deck & Update Email Templates

View from Seed

Despite that fact, however, in these cases the company can definitely benefit from a consistent cadence of structured email updates. The remainder of the email should include other highlights, core business metrics, financial metrics, challenges, goals, asks & thanks. Download Investor Update Email Template.

Email 331
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Conversion, retention and churn benchmarks

VC Cafe

Understanding the benchmarks on conversion, retention, and churn for your business is therefore critical. Let’s get the definitions straight: Conversion : The percentage of potential customers who complete a desired action, such as signing up for a trial, making a purchase, or subscribing to a service.

Retention 109