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8 New Business Keys To Success For Real Entrepreneurs

Startup Professionals Musings

You don’t have to be a heavily funded later stage startup to get access to “big data,” customer analytics, and metrics dashboards. Angel groups, accelerators, and incubators are pervasive. Measuring progress with big data and analytics. Set milestones and manage to those targets.

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8 Tips For Getting Your Startup Right The First Time

Startup Professionals Musings

You don’t have to be a heavily funded later stage startup to get access to “big data,” customer analytics, and metrics dashboards. Angel groups, accelerators, and incubators are pervasive. Measuring progress with big data and analytics. Set milestones and manage to those targets.

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Updating Your Seed Investors – Board Deck & Update Email Templates

View from Seed

The remainder of the email should include other highlights, core business metrics, financial metrics, challenges, goals, asks & thanks. With the new updated NextView Board Deck template, the work is half complete, as you just need to tailor the document to match your company’s business and incorporate in operating metrics.

Email 331
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Some Quick Things Every Founder Should Know

Both Sides of the Table

" Revenue doesn't pay your bills, GM does  —  @msuster 2/ Founders obsess with revenue as a vanity metric. But if you want to add some in the comments section on Medium and I’ll make sure to read them. Some even grow "bad" revenue just to show growth. Usually a terrible idea as runway extension.

Founder 242
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IRR is a vanity metric

VC Adventure

I’m observing that IRR is a metric that is becoming an increasing focus in venture, replacing fund return multiple as the key metric of success. I understand the draw of IRR, and – as a fund draws to a close – there’s no question it’s an important metric. This is a mistake. Venture is a long game.

IRR 116
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SSEBITDA – A steady-state profit metric for SaaS companies

A Smart Bear: Startups and Marketing for Geeks

This is the fourth article in a series on novel ideas for SaaS metrics, which started with The unprofitable SaaS business model trap , COC: a new metric for cancellations , and The mistake of 1/c in LTV. It turns out that COC is the key to this metric of “underlying profitability.” Here’s a way to do it.

Metrics 238
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Why Am I So Lucky?

Both Sides of the Table

For all the things he’s likely known for, he probably hasn’t yet built a strong relationship as an early stage venture investor (he invests often in later-stage deals where he is very respected). He called me 15 months later excited to show me his metrics and wanted to talk about his A round.