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These two questions/answers can help define the early proof points for your company. Next, define what you need from a metrics and reporting standpoint. The metrics, and how they relate, are captured in his slide: Note the relationship between retention/referral efforts and lifetime value. And how much will it cost to win them?
Having a set of metrics that you watch & that you feel are the key drivers of your success helps keep clarity. And the more public you can make your goals for these key metrics the better. You will likely have multiple sets of metrics you keep depending on the company’s stage, one’s function in the company and level.
A post by Fred Wilson pointed me to Dave McClure's Startup Metrics presentation. This kind of a simple model also helps: Define the early proof points for the company. Define what you need from a metrics and reporting standpoint. Startup Metrics for Pirates (SeedCamp, Sept 2009) View more documents from Dave McClure.
How do you figure out which of your users matter most in your social applications and games, and help that to improve social interaction and engagement in your apps? Redondo Beach-based NinjaMetrics has just scored some funding for exactly that, in the first part of a Series A funding round, worth $750,000. READ MORE>>.
Los Angeles-based Ninja Metrics announced this morning that it has raised $2.8M Ninja Metrics uses social analytics and cloud computing software to calculate "social value" of users in an online gaming environment, helping companies to predict what their users will be purchasing or doing, and helping them to better monetize their games.
El Segundo-based Image Metrics , a developer of computer vision and facial analysis and tracking tools, has rolled out a new platform for implementing augmented reality (AR), which it calls LUNAR. According to Image Metrics, the new tool is aimed at marketers, helping them to implement augmented reality (AR) effects for marketing initiatives.
Santa Monica-based BetterWorks , the employee fringe benefits management service, said late Friday that it has added a new company metrics dashboard to its product. The company said the information will help companies build the best solution for their particular company culture. BetterWorks is headed by Paige Craig. READ MORE>>.
In a move to convert that huge pile of data into something much more meaningful, Los Angeles-based Ninja Metrics (www.ninjametrics.com) launched a new predictive analytics product for the industry. Explain what Ninja Metrics is doing? That information can help lots of companies in a lot of industries. READ MORE>>.
Encinitas-based ForwardMetrics has just taken $1M in a seed funding round, to help companies better conduct their strategic planning. forwardmetrics forward metrics strategic planning software venture capital' The startup said that the new funding round brings its total raised to $1.75M. Source of the seed funding was not announced.
Los Angeles-based Ninja Metrics , the social analytics software developer led by Dmitri Williams, said this week that it has tied with mobile analytics company TUNE. Ninja Metrics says that its software helps provide a precise measurement of how users influence each other and how much that influence is worth, via its own "Social Value" score.
Still, if you've not heard these questions from a developer, they are not helping you as much as they should. What are your key Startup Metrics ? Do we want to use something like SendGrid in order to help with delivery? Analytics/Metrics - what are the key startup metrics that you will need to track? Tracking URLs?
Still, if you've not heard these questions from a developer, they are not helping you as much as they should. What are your key Startup Metrics ? Do we want to use something like SendGrid in order to help with delivery? Analytics/Metrics - what are the key startup metrics that you will need to track? Tracking URLs?
Los Angeles-based game analytics software developer Ninja Metrics has raised $2.8M The startup, led by Dmitri Williams, and helps mobile, online, and social game developers better monetize their properties. of an ongoing, $5M funding round, the company disclosed in a regulatory filing this week. The round is being led by 37 Ventures.
Many early stage founders and CEO’s believe they can delegate design and creation of metrics, flash reports, analytical reports and more from their bookkeepers. We need to repeat this distinction on occasion, because there is a considerable difference between the cost of a bookkeeper and an accountant. Why bother with this?
Once you build it, they will now ask you about the key metrics that they need proven in order to see if you really are a good investment. The real reason to build an MVP is to do early tests of key Startup Metrics for the business. " Once you have the metrics defined, it focuses your effort. To prove/disprove a hypothesis.
In a move to convert that huge pile of data into something much more meaningful, Los Angeles-based Ninja Metrics (www.ninjametrics.com) launched a new predictive analytics product for the industry. Explain what Ninja Metrics is doing? That information can help lots of companies in a lot of industries. READ MORE>>.
It depends on what a brand is trying to achieve, which helps us focus on efforts and the right platforms. It''s a combination of leveraging our data to provide activation of users, by sending out the posts, and really providing brands with the metrics of before, during, and after a campaign.
Back when we were all trying to figure out the real value of traffic on the web, investors – and acquiring companies – got a bit crazy with metrics used to value acquisitions and investments. And the numbers were staggering. Microsoft paid $9.00 per registered user for Hotmail. AOL paid $40.00
Data helps avoid predetermined (and often erroneous) approaches to solving your people problems. Use data analysis and metrics to measure for results. Data, however, removes guesswork, biases, and anecdotal reasoning that can throw decision efforts off course. Working on the wrong problem or assumption.
Many of the factors are not obvious and include building mystery to drive margin, why boring B2B companies often win but are challenging in other ways, how bootstrapping wins, integrating metrics from the start and many other similar lessons. He ends by looking at how this might help startups in the room.
Or if you’re pinched on time the summary is below and the time coding can help you watch a brief snippet on topics that interest you. 48:30 Vanity metrics. 52:00 Actionable metrics. Eric is so damn good. I could have gone 2 hours. If you have some time I promise he doesn’t disappoint. 46:18 iOS Vs. Android.
Still, if you’re a business leader and your developers haven’t asked you these questions, look for a Fractional CTO to help navigate the critical early stage of development. Who’s helping you with fundraising? What are your key Startup Metrics ? Analytics/Metrics What key startup metrics will you need to track?
The winners--who were announced Thursday evening at an awards event which was the culmination of the two day conference--were Silver Push (Hang Ten Award); Ninja Metrics (Impact Zone); Omaze (Party Wave); Epoxy (Point Break Award); ShipHawk (Sand Dollar) and Gsound (Switch Foot Award).
This is hardly ideal and some simple changes could help management avoid both issues. If I’m in your shoes I’d think about what is most critical to help your business succeed. Schedule 1:1 calls 1 week before the meeting to walk each board member through the key issues / performance metrics in the business.
Santa Barbara-based LogicMonitor , which develops software for IT infrastructure monitoring, said yesterday that it has released a new, free tool to help debug and monitor Java software. READ MORE>>. logicmonitor java operations monitoring software free management devops'
The title of this insight helps us find a formula: LALA. Create metrics for customer acquisition, retention, conversion, reach, or anything that helps you to better understand the effects of your changes to the program. Let’s focus not upon the process of marketing and positioning, but on you. There’s an answer for that.
The firm--which sells online ads based on engagement metrics, rather than the usual clicks and views--said it is applying its model to the political landscape, looking to help campaigns get their word out on social networking sites like Facebook.
Email readers, continue here…] Many early-stage founders and CEOs believe they can delegate design and creation of metrics, flash reports, analytical reports and more from their bookkeepers. We need to repeat this distinction on occasion, because there is a considerable difference between the cost of a bookkeeper and an accountant.
billion, according to the latest tracking by Internet metrics firm comScore. comScore said that the e-commerce spending for the first 56 days of the holiday season was helped by digital downloads of music, TV, movies, e-books, and apps. Online holiday sales this year were up 15 percent, hitting $35.3
Start by carefully restating the goal for the process, such as “produce 500 quality units per day” and create metrics to measure the present output and quality (rejects or time lost) with this goal. All these efforts will help you to better know the process to a degree you never expected to achieve.
The reason why, is the firm has been running ads since January to help get the word out about its service and products. Convertro said it has been working with Media Design Group , a direct response TV advertising agency, to help measure the efficacy of broadcast marketing.
Brand Affinity Technologies operates an online service which helps brands connect with celebrities and athletes for endorsements, providing metrics to find celebrity talent on a city-by-city basis. BAT said it has now raised $34M in funding.
Understanding where your VC partner sits in their respective fund and where their fund is in the cycle of its investment lifecycle will help you understand your VCs behavior. In addition to helping manage the board Chris also helps represent the interests of the angel investors / common stock holders. Assigns tasks. Assign away.
I started advice with the premise that no amount of exercise or food eating plan would help with long-term fitness or weight goals unless you first had a mental plan and a set of measurements to track your progress. Having a positive mental outlook helped me perform better. You can’t help but not want to let Matt down.
Los Angeles-based Evolve Media , the parent company of CraveOnline and TotallyHer, said late last night that it is in a partnership with Moat , where Moat will help to audit the viewability of all of its properties. Financial details of the deal were not disclosed.
To help it along, we developed some software which makes it easy to create a mobile experience, which corresponds to a QR code you can place on any, real world object. We recently completed a pilot with William Morris and Disney, around Hannah Montana, where we helped print QR codes for 10,000 CD stickers, 2500 posters, and digital signage.
Track your progress with frequent milestones, metrics, and physically checking things off the list. It helps to partner with and coach others. Following these recommendations will always help you find the strength to tackle the most important issues in your business, as well as your life. Celebrate every step of progress.
Back when we were all trying to figure out the real value of traffic on the web, we investors – and acquiring companies – got a bit crazy with metrics used to value acquisitions and investments. And the most logical one seemed to be “eyeballs” or number of unique users finding their way to the site or registering for the service.
Well, Los Angeles-based KarmaGoat (www.karmagoat.com) has figured out a way to help people get rid of those unwanted items they have--and provide those proceeds to charity. That gift of livestock can help families out of extreme poverty. Did the experience at Anderson help you with starting the company?
The title of this insight helps us find a formula: LALA. Create metrics for customer acquisition, retention, conversion, reach, or anything that helps you to better understand the effects of your changes to the program. Let’s focus not upon the process of marketing and positioning, but on you. There’s an answer for that.
But very few are talking about how to measure your results and return on investment (ROI), and the right metrics for optimizing your marketing environment. Measuring message delivery in social media is a lot like measuring it in classic advertising, so classic metrics apply. Get attention and reach your audience.
So, I’ve developed the three step dance in order to help form a repeatable method of how to create a great company from an early idea. Making the effort to gather metrics from the field in any form and then ignoring it, takes guts and determination – and in most cases a measure of stupidity. And most of us are not Steve Jobs.
Featuring a total of 202 of Dave’s insights from BERKONOMICS and ADVANCED BERKONOMICS, these books are easy reading, cover important business issues, and help you and your associates to be successful in prethinking opportunities and risks. Creating metrics. New forms of metrics for your business. STARTING UP! How to plan.
Company grew by more than “400% each year” for past few years [assume growth metric = revenues]. Metrics: 2.5mm members, 1,000 brands, 2,500 sale events to-date. Metrics: 50mm users (up from 40mm in Dec 2009), -Competition includes: Spotify , Last.fm. Founded in 2008 by Mehdi Maghsoodnia.
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