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How Startups Can Use Metrics to Drive Success

Both Sides of the Table

I ran my first marathon in London this way in 2003 raising $3,000 for Parkinson’s disease (and finishing in under 4 hours – my publicly stated goal). per click on an SEM basis this is NOT your cost to acquire a customer – you need to add conversion rate. to $1.10) and you can focus on improving conversion (i.e. Revenue Metrics.

Metrics 346
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LinkedIn: The Series A Fundraising Story ? AGILEVC

Agile VC

A lot of people ask me what it was like raising the Series A round for LinkedIn back in 2003. I thought I’d revisit it and share the story… First, you have to rewind mentally to early 2003. Ok, now you have the context for early 2003. He provided our initial seed funding to launch the website publicly on May 5, 2003.

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Why Startups Should Raise Money at the Top End of Normal

Both Sides of the Table

I have conversations with entrepreneurs and other VCs on a daily basis about fund raising, the prices of deals, how much companies should raise, etc. 2007, 2011) and for the hottest of companies and in bad markets for fund raising (2003, 2008) prices test the bottom end of the range. million post-money valuation with no revenue.

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Deal with Your Elephant in the Room

Both Sides of the Table

There’s an old saying that if I’m talking with you and I start the conversation by saying, “whatever you do, DO NOT think about Elephants &# then you can’t help but thinking about elephants while we’re speaking. But they didn’t have any revenue or enough traction to show for it. Small story.

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Why You Need to Ring the Freaking Cash Register

Both Sides of the Table

I remember just a decade ago in 2003 when we all laughed at how dumb people in the 90′s were talking about the race to “capture as many eyeballs as possible” before your competition. The company with no revenue and a $150k burn rate that raised $2.5 I have this conversation all the time. I see this weekly.

Burn Rate 412
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Website Redesign for Higher Conversions? Tread Lightly

ConversionXL

Your conversion rate is not what it could be – and you know you need to do something about it. If you just go ahead and redesign your site, chances are that it will fail – conversions / revenue per visitor actually go down. Target redesign in 2011 resulted in less revenue + a myriad of technical problems.

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Why Employee Ownership is So Important

Mike Michalowicz

2003) suggests that individuals experience a cognitive-affective state, i.e., psychological ownership, in their interactions with objects when the individuals feel as though the target object is “theirs” “But wait, this is my company!”. Has a closer relation between what’s being produced and revenue outcome.