Remove 2019 Remove Customer Remove Metrics Remove Technical Review
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What Does the Post Crash VC Market Look Like?

Both Sides of the Table

The market was down considerably with public valuations down 53ā€“79% across the four sectors we were reviewing (it is since down even further). ==> Aside, we also have a NEW LA-based partner Iā€™m thrilled to announce: Nick Kim. First in late-stage tech companies and then it will filter back to Growth and then A and ultimately Seed Rounds.

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How Modern Companies Have Redefined Customer Support

Startup Professionals Musings

Too many business owners still think of ā€œ customer support ā€ as an after-sale process to rectify customer problems with completed transactions. With the advent of instant communication and social media, customer service starts at the first hint of interest by you, and never ends for repeat customers.

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Praying to the God of Valuation

Both Sides of the Table

And then in the late 90ā€™s money crept in, swept in to town by public markets, instant wealth and an absurd sky-rocketing of valuations based on no reasonable metrics. In those years I learned to properly build product, price products, sell products and serve customers. you are bound to pray to the valuation Gods. billion fund.

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10 Ways Owners Often Jeopardize Their Business Growth

Startup Professionals Musings

Itā€™s always tempting to think that more product variations will satisfy more customers and lead to new sales. Unit costs are important, but donā€™t forget about the cash flow hit, extra storage costs, and the probability of obsolete inventory due to necessary updates or pivots. Marty Zwilling First published on Inc.com on 11/26/2019.

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6 Building Blocks Make Amazon A Global Market Leader

Startup Professionals Musings

My simple answer is that they keep their focus on customers, rather than technology. They present a convincing story that every entrepreneur has the same potential, but most get sidetracked and bogged down by their technology, competitors, and internal organization. Jeff Bezos has kept his focus on customers.

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What Happens When Startups Turn from Their Innovation Stage to Operational Excellence?

Both Sides of the Table

Nearly every successful tech startup Iā€™ve observed over the past 20 years has gone through a similar growth pattern: Innovate, systematize then scale operations. There is nothing more pure than building a product, putting it out in the world and seeing paying customers using your product and in some cases loving it.

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Why Amazon Is the Undisputed E-Commerce Growth Leader

Startup Professionals Musings

A platform is a business model and capability that can be accessed and customized by external users. Create and practice an obsession over customers. Make sure everyone knows itā€™s their job to maintain empathy and exceed customer expectations. Institute deep metrics measuring all aspects of the customer experience.