article thumbnail

Startup Metrics

TechEmpower

How does it meet customers’ needs? One way to approach that last question is to use this simple model: Customer Acquisition Cost (CAC) How will your business reach prospects? Customer Lifetime Value (CLV) How much money will your business generate from each converted customer? What does the business do?

Metrics 260
article thumbnail

How to use metrics and a dashboard

Berkonomics

With a wide track, angled aggressively at the curves, and being told to hug the wall on the straightaways, there was little reference available to a novice driver as to speed. That’s how you would feel if you ran your company without a dashboard containing relevant metrics that drive your company.

Metrics 266
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Go ahead! Drive with no speedometer!

Berkonomics

With a wide track, angled aggressively at the curves, and being told to hug the wall on the straightaways, there was little reference available to a novice driver as to speed. That’s how you would feel if you ran your company without a dashboard containing relevant metrics that drive your company. and great, relevant metrics?

Metrics 156
article thumbnail

Generative AI – The End of Empty Textboxes

TechEmpower

This isn’t just our opinion - our startup metrics prove it! So instead, we fill it with a completely custom blurb, written just for him: Hello! Maybe those references to TFA sound like bragging, or he thinks “passion for numbers” sounds silly. Which means better conversions and happier customers.

article thumbnail

Use metrics and a dashboard. ACT upon variances.

Berkonomics

With a wide track, angled aggressively at the curves, and being told to hug the wall on the straightaways, there was little reference available to a novice driver as to speed. That’s how you would feel if you ran your company without a dashboard containing relevant metrics that drive your company. Positioning.

Metrics 159
article thumbnail

Why you should never have a data room — the most counter-intuitive fund-raising advice you’ll ever…

Both Sides of the Table

Your historical trading information including financials and a “customer file” which shows the history of your transactions so that investors can run “cohort” analyses Customer reference, personal references, key team members, compensation, cap table, stock option plan, etc. It felt like heresy. It would be rude!?!

Funding 336
article thumbnail

How to Use Generative AI and LLMs to Improve Search

TechEmpower

So let’s summarize what we've already found to be different about searching with LLMs: What’s Different About Search with LLMs Search methods powered by LLMs stand out as transformative tools, offering businesses an edge in their information retrieval and customer engagement processes. Strive for a balanced outcome.