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Predictive Analytics in 2018: What’s Possible, Who’s Doing It, and How

ConversionXL

But, in 2018, incremental gains no longer cost $1 million either: You have more data; Storage is cheap; and. Full warehouses cost money; empty shelves cost money. Predictive analytics, in other words, wasn’t a panacea. Nor, in the decade since, has it become one. Cloud computing is almost infinitely scalable.

Analytics 131
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The Very Best Digital Metrics For 15 Different Companies!

Occam's Razor

Remember: All data in aggregate is crap, segment or suck. Always adapt to what’s most important and sensible for you (and remember that nothing is free, every measurement decision you make has a cost!). I pay monthly subscriptions for the Guardian, New York Times, Washington Post, The New Yorker and National Geographic.

Metrics 141
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It's a startup, not a spreadsheet

Startup Lessons Learned

It’s entirely possible for the startup to be a massive success without having large aggregate numbers, because the startup has succeeded in finding a passionate, but small, early adopter base that has tremendous per-customer behavior. If it costs $0.10 But proving your assumptions with early adopters is an essential first step.

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Support the Startup Founders Visa with a tweet

Startup Lessons Learned

Lessons Learned by Eric Ries Saturday, September 19, 2009 Support the Startup Founders Visa with a tweet Its been an exhilarating first day here in Washington DC for the Geeks on a Plane tour. 2gov.org automatically routes your tweet (aggregating it with everyone else whos expressed a similar point of view) to the right legislator or agency.

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Business ecology and the four customer currencies

Startup Lessons Learned

In an ecosystem, each participant acts according to its own imperatives, but these selfish actions have an aggregate effect. In an ecosystem, each participant acts according to its own imperatives, but these selfish actions have an aggregate effect. Some ecosystems are stable, others malign, and others grow and prosper.

Customer 156
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The Ezra Klein Show: VC Bill Gurley on Transforming Health Care

abovethecrowd.com

Our firm has had the good fortune to invest in many two-sided networks that used information aggregation, supplier aggregation, and user generated content to attract and inform consumers and resultantly disrupt and change different industries. We’ve been talking recently because he’s been thinking a lot about healthcare.

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Lessons Learned: Validated learning about customers

Startup Lessons Learned

They know how much it costs to bring in a customer and they know how much money they can expect to make on each one. First of all, it means that most aggregate measures of success, like total revenue, are not very useful. Our cost to acquire a customer on AdWords was only a few cents. Take a look and let me know what you think.

Customer 167