article thumbnail

Times Square Strategy Session – Web Startups and Customer Development

Steve Blank

Dave McClure’s AARRR metrics and Andrew Chen ‘s specifics on freemium models, viral marketing, user acquisition and engagement both offer examples of exit criteria for Customer Discovery and Validation for startups on the web. Reply Nivi , on November 16, 2009 at 9:47 am Said: Great stuff. Great quote.

article thumbnail

What is the Right Burn Rate at a Startup Company?

Both Sides of the Table

Let’s set up a framework. We want money to make some acquisitions (investors would prefer to fund M&A if they know specific deals – not to encourage bad behavior. In a world where the economy only heads in one direction (read: 2009-2014) most investors & entrepreneurs forget to pay attention to gross burn.

Burn Rate 383
Insiders

Sign Up for our Newsletter

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

article thumbnail

The Customer Development Manifesto: Reasons for the Revolution.

Steve Blank

The first hint lies in its name; this is a product development model, not a marketing model, not a sales hiring model, not a customer acquisition model, not even a financing model (and we’ll also find that in most cases it’s even a poor model to use to develop a product.) 3 , on August 31, 2009 at 12:48 pm Said: [.]

article thumbnail

Strategy Roundtable For Entrepreneurs: Exciting Companies Lined Up For Microsoft Startup Grant Finals

ReadWriteStart

Bizosys Technologies, a Bangalore, India based software engineering company was founded in 2009. Techcello Next, Ram Kumar, also from Chennai, India, discussed Techcello , a multi-tenant SaaS framework for moving applications from.NET to a cloud architecture. You can also read more about Bizosys on the 1M/1M Incubation Radar today.

India 123
article thumbnail

Lessons Learned: The three drivers of growth for your business.

Startup Lessons Learned

is an elegant way to model any service-oriented business: Acquisition Activation Retention Referral Revenue We used a very similar scheme at IMVU, although we werent lucky enough to have started with this framework, and so had to derive a lot of it ourselves via trial and error. The AARRR model (hence pirates, get it?)

article thumbnail

Marketing and Growth Lessons for Uncertain Times

ConversionXL

Frameworks for businesses during a crisis. Each study, however, offers a framework to help with decision making. Our CRO team uses ResearchXL , which is a comprehensive framework for identifying test ideas, though its methods apply broadly. recession in 2009.”. ” So how do you figure out which tools you’ll need?

Marketing 121
article thumbnail

Lessons Learned: Validated learning about customers

Startup Lessons Learned

Lessons Learned by Eric Ries Tuesday, April 14, 2009 Validated learning about customers Would you rather have $30,000 or $1 million in revenues for your startup? April 14, 2009 3:09 PM Eric Santos said. April 14, 2009 4:03 PM Dave McClure said. thats SNL Jan 1976: [link] April 15, 2009 2:00 AM Matt Prados said.

Customer 167