article thumbnail

Impressions from Pocket Gamer Connects in London

VC Cafe

With the increasing competition in the mobile gaming market, developers are recognising the need to keep players engaged and invested in their games for longer periods of time in order to drive monetisation and retention. billion in 2022.

article thumbnail

Nitex Takes Fashion Forward

Austin Startup

Then in 2020 they applied to Sputnik ATX. Now the company boasts a global team and a 90% customer retention rate. During the heaviest COVID months of 2020 Mahdi and Hasan went all in on investing in their team, supporting their development with English and university classes in marketing, communication, and product management.

Insiders

Sign Up for our Newsletter

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

article thumbnail

Why Investors are Loving Austin as an Innovation Hub!

Austin Startup

There’s a reason why Austin has been named the top tech city in the US in 2019 and 2020 by CompTIA. And these groups are not the only ones; it seems like every day we are seeing news of new and established firms closing capital in Austin. It’s no surprise investors are choosing to come to Austin.

Austin 111
article thumbnail

Is the Lean Startup concept of MVP dead?

VC Cafe

“After the crash, venture capital was scarce to non-existent. In 2020, there is no second chance to make a first impression. In 2018, Quibi (back then called NewTV), raised $750 million in seed capital pre-launch (the service went on to raise an additional $1 billion ahead of the product launch in March 2020).

Lean 214
article thumbnail

Opportunities in Artificial Intelligence [Webinar Invitation]

Growthink Blog

[To register for the webinar, Click Here ] The artificial intelligence (AI) market is projected to grow extremely rapidly - from approximately $800 million this year over $5 Billion by 2020, a growth rate of over 50% annually (IDC). Mr. Allen Lin, eCommerce Strategist, Retention Science.

article thumbnail

How can startups engage with Google?

VC Cafe

In the past I’ve covered the rise of corporate venture capital and the growing number of Fortune 500 companies who are actively launching CVC arms or investing in startups/funds. how do we improve retention) and Google helps the startups with best practices (i.e. But investing is only part of the picture.

article thumbnail

How To Keep Your Company Alive – Observe, Orient, Decide and Act

Steve Blank

How can you shift focus to customer retention versus acquisition? If appropriate, offer to sign a longer agreement in exchange for lower cash payments in 2020 and 2021. What are your “lifeboat choices” – what layoffs to make, renegotiate payables, rents, leases, how to trade off cash management versus revenue growth?