ConversionXL

NOVEMBER 23, 2022

Gavin Braman, Co-Founder @ Drifting Creatives. Salesforce, for example, increased its revenue market share to 18.4% Just like Peep, other marketers from hypergrown products, such as David Cancel (founder at Drift) argue that product-based differentiation is vanishing. The small group roundtable discussions were amazing.

B2B 94

B2B Marketing Curation PPC 94

YoungUpstarts

FEBRUARY 24, 2013

The survey also revealed that 77-percent of companies experienced revenue growth (61-percent had profit growth) in 2012; however, there was a 9-percent decline in the response on profit growth in 2012 to 61-percent as compared to 2011 profit performance.

Singapore 133

Singapore Cost Technical Review Retention 133

View from Seed

NOVEMBER 14, 2019

I sent a tweet out last week that elicited quite a few responses from both founders and investors: seed funds that don’t invest pre-traction =. — For very well known founders, a series A can happen well before traction. But for less well known founders, a series A requires pretty significant revenue, growth, and retention metrics.

Seed Stage 331

Seed Stage Cofounder Retention Founder 331

crowdSPRING Blog

NOVEMBER 30, 2012

The Founders Lie About Comfort Zones – [link]. Investors Need to Lose Their Egos and Founders Need to Gain Some Confidence – [link]. 10 adjustments to make when working for a Big Co. The Biggest Problem in Mobile: Retention – [link]. The Biggest Problem in Mobile: Retention – [link].

Social Media 100

Social Media Small Business Central African Republic Design 100

YoungUpstarts

DECEMBER 5, 2013

by Aneace Haddad, CEO & Founder, Taggo. Co-branded cards were invented, combining a Visa, MasterCard or American Express payment brand along with a retailer or airline brand. Too much was at stake, we couldn’t afford the risk of destabilizing everything and losing substantial revenue.

Programming 150

Programming Turkey Social Media Redemption 150

Both Sides of the Table

OCTOBER 17, 2019

It proved to be fortuitous because it allowed me the time & space I needed to get to know tons of founders and VCs and to hone my craft. I mentioned that we sold our position in Kyriba for > $1 billion but when we invested it had virtually no revenue. Over the past 2.5

IP 223

IP Intellectual Property IRR Cofounder 223

View from Seed

SEPTEMBER 11, 2019

At NextView we invest across the spectrum of seed stage companies so roughly 1/3rd of the companies we invest in are pre-product, roughly 1/3rd are post-product but pre-revenue, and perhaps 1/3rd have some very early revenue. You’re obviously not showing charts of user growth, number of customers, or revenue.

Seed Stage 149

Seed Stage B2B Seed Capital Revenue 149

View from Seed

MAY 16, 2019

One of the key questions for me was how might Slack stack up against other great SaaS companies when it comes to average revenue per user (ARPU), and how ARPU and total addressable market (TAM) might drive Slack’s long run market cap. Revenue growth rate of 82% year over year. 10M+ daily active users (DAUs). So Slack generated $1.43

Lock-up Period 168

Lock-up Period Retention Azure .Net 168

ReadWriteStart

JULY 12, 2023

CEO and co-founder of InvGate Ariel Gesto says the company will continue to expand this year. Companies can increase their revenue potential and access new customer bases by expanding into new markets. A: International expansion allows companies to increase revenue potential, access new customer bases, and stay competitive.

United States 121

United States Management Mexico Artificial Inteligence 121

ReadWriteStart

AUGUST 26, 2022

So, think of the typical two founders with a pitch book in a garage. Instead, that’s the sort of pre-series-A investment where companies or founders have visions of where they think there are underserved market needs, and they’re coming up with something super excited to try to solve that. . We’re a crossover fund.

Partner 132

Partner Cofounder Retention Acquisition 132

Startup Lessons Learned

APRIL 14, 2009

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? All things being equal, of course, you’d rather have more revenue rather than less. And yet revenue alone is not a sufficient goal. More on that in a moment.

Customer 167

Customer San Francisco Lean Hockey Stick 167

Startup Lessons Learned

SEPTEMBER 22, 2008

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?)

San Francisco 167

San Francisco CPA SEM CTO Hire 167

www.avc.com

SEPTEMBER 22, 2011

To be clear, these are hires we are talking about, not co-founders. Co-founders are an entirely different discussion and I am not talking about them in this post. However, a rule of thumb for those first few hires is that you will be granting them in terms of points of equity (ie 1%, 2%, 5%, 10%).

Equity 64

Equity Employee CTO Hire Fractional CTO 64

ConversionXL

JANUARY 12, 2021

We now live in The Retention Economy. . For too long businesses have focused on short term wins chasing revenue over long term value. As a result VC’s now value businesses based on customer retention rather than multiples of revenue. Because customer retention is a better way of working out the true value of a business.

Retention 71

Retention Atlanta Metrics Cofounder 71

Hunter Walker

JANUARY 15, 2016

I wish I could claim I deftly foresaw this, but I was just seeking recurring revenue to to cover OneMatchFire’s office expenses. By the end of 2004 I had brought on two co-founders: John Vars – who is now the Chief Product Office at TaskRabbit, and Steven Reading took over Sales and Revenue.

Technical Review 48

Technical Review Startup Cofounder SMS 48

The Startup Magazine

AUGUST 2, 2018

The Startup Magazine caught up with Tsewang Wangkang and Frederick Szydlowski , co-founders of the Embargo App, an app that helps both venues and patrons enjoy their bar and restaurant experiences with an effective loyalty and customer engagement program. TSM: Who are the founders of Embargo App?

Technical Review 28

Technical Review Startup Revenue Cofounder 28

Agile VC

MAY 16, 2019

One of the key questions for me was how might Slack stack up against other great SaaS companies when it comes to average revenue per user (ARPU), and how ARPU and total addressable market (TAM) might drive Slack’s long run market cap. You can see this both by looking at a cohort “layer cake” graph or by examining the net dollar retention.

Lock-up Period 100

Lock-up Period Retention Azure .Net 100

Both Sides of the Table

FEBRUARY 20, 2017

They are tasked with “getting deals done” so they race around talking to tons of potential partners inking anything from channel sale deals , product integration, international distribution agreements, co-marketing arrangements, M&A discussions, etc. If you aren’t careful every PR team will measure inches over impact.

Cofounder 164

Cofounder Retention PR SEO 164

VC Cafe

SEPTEMBER 26, 2022

The past year was a wild ride for startups and founders, giving a whole new meaning to the ”rollercoaster” aspect of being an entrepreneur. Patrick Collison , self-made billionaire founder of Stripe. Bill Gates , founder of Microsoft. Choosing a co-founder, and hiring the early employees is key to building a successful company.

Founder 187

Founder Startup Valuation Pre-Money Valuation 187

YoungUpstarts

SEPTEMBER 16, 2016

by Shahid Mansuri, co-founder of Peerbits. Undoubtedly, effective implementation of gamification technique can lead to a significant increment in business revenue as well. It is possible to apply gamification in multiple areas like health and wellness, sales performance, training, and retention.

Retention 100

Retention Cofounder B2B Framework 100

ConversionXL

OCTOBER 13, 2015

Average Revenue Per Customer. How does retention differ among different acquisition channels? When optimizing for retention , it’s important to look at customers that spend the most over time via upsells. Their metric was revenue: Image Source. Total Customers. You can’t learn much from the above table.

Conversion 48

Conversion Retention Acquisition Metrics 48

The Startup Toolkit

JUNE 27, 2016

My dad used to say that the founder is the janitor. For months, his ex-cofounder has been actively undermining the confidence of his remaining team. Once they work the growth rate back up (they paused growth to fix activation & retention), either the current team will get re-engaged or he’ll be able to hire a new team.

Technical Cofounder 24

Technical Cofounder Cofounder Retention Founder 24

Seeing Both Sides

FEBRUARY 25, 2016

. (this post was originally published in Harvard Business Review and is co-authored with Nadav Benbarak of Okta.). Growing revenue and profits is a core objective of most companies, and it is the responsibility of every function to contribute to the pursuit of this goal.

Management 20

Management Analytics Technical Review Framework 20

Seeing Both Sides

FEBRUARY 25, 2016

. (this post was originally published in Harvard Business Review and is co-authored with Nadav Benbarak of Okta.). Growing revenue and profits is a core objective of most companies, and it is the responsibility of every function to contribute to the pursuit of this goal.

Management 20

Management Analytics Technical Review Framework 20

www.mint.com

MARCH 9, 2010

If the answer to the question centers around “We will achieve revenue soon so our net will improve and give us more runway,” it means the company is in trouble because no product ever ships on time nor achieves the company’s “conservative forecast.” These days revenue is the best source of capital. Who is on your board of directors?

Software Review 68

Software Review Startup Post-Money Valuation Technical Review 68

ConversionXL

APRIL 4, 2017

There are many who aren’t doing it well , but to me it seems this is a natural extension of any other acquisition channel, and a super important lever for retention and relationship building. Of course, at the start it is anything but scalable – it tends to be the founders cold calling and pitching. Predictable Revenue.

Channel 118

Channel Marketing Viral SEO 118

Startup Lessons Learned

AUGUST 21, 2013

At last year’s conference, Red Room CEO and co-founder Ivory Madison pointed out that vanity metrics are among those numbers most commonly cited in investor decks: page views, new members, unique visitors, conversions and, vainest of them all, Twitter followers. Retention (do they return?), Revenue (how do you make money?),

Lean 167

Lean Louisville Startup Metrics 167

ConversionXL

FEBRUARY 3, 2022

No changes were made to the customer journey, and it had nothing to do with revenue lift. It isn’t about finding quick hacks to boost short-term revenue. They work to improve top-of-funnel metrics like brand awareness and identify opportunities to improve customer activation, retention, and referral efforts.

Framework 102

Framework Marketing Acquisition Retention 102

Austin Startup

FEBRUARY 1, 2018

Darren Nix , Group Manager of the Assessments product team at Indeed and founder of the Y Combinator -backed startup Interviewed (acquired by Indeed), puts it this way: “Users can’t design your product for you. Hunter Brennick , co-founder and COO of Landing Lion , emphasizes humility and listening for product managers.

Management 85

Management Product Technical Review Software Review 85

View from Seed

JUNE 16, 2015

And that product is a highly engaged seed-stage investment where we are usually the lead or co-lead in a round and will often take a board seat. I’d also question a founder who asks his or her investors to comment falsely on something — that puts the investor in an awkward spot. For ecommerce: >$500K revenue/month.

Boston 120

Boston Syndicate Syndication eCommerce 120

Startup Lessons Learned

JANUARY 2, 2009

We were even more embarrassed by the pathetically small number of customers we had, and the pathetically low amount of revenue we had earned so far. We’d always cringe as we admitted that, no, we really only had a few thousand customers and a few thousand dollars in monthly revenue. Retention cohort analysis.

San Francisco 60

San Francisco Tampa Continuous Deployment Lean 60

Hippoland

JUNE 26, 2016

Check out my side project Hustleathon , which helps founders get over their fear of rejection. What has the retention been so far (if you know)? If you are a post-seed company and you have quite a bit of data, graph your revenue (or users if you’re a pure-consumer company). Just the founders is sufficient.

Email 91

Email Seed Stage Cofounder Demand 91

VC Cafe

AUGUST 3, 2011

Yair Goldfinger, co-founder and CTO of Dotomi and a prominent Israeli angel investor, founded Dotomi back in 2000, following the acquisition of ICQ by AOL. In the official press release , ValueClick reported that it expects Dotomi’s revenues to reach $80 million will compliment its own $125 million of annual revenue.

Angel Investor 87

Angel Investor Chicago Retention Cofounder 87

Mike Michalowicz

NOVEMBER 1, 2016

Renske Lynde, Co-founder & Managing Director, Food System 6 Accelerator. Be sure you understand how to make every aspect of the business repeatable and scalable: aggregation, ingredient purchasing, production, fulfillment, customer experience and customer retention. Bringing in revenue is the hardest part of any business.

Balance Sheet 60

Balance Sheet Incubator Cofounder Salary 60

Reid Hoffman

MARCH 19, 2019

Google realized that being the way to find the world’s information was a blitzscalable market, thanks to the network effects in its AdWords revenue engine. Paul’s track record as a serial entrepreneur was far more impressive than either Uber co-founder Travis Kalanick or Lyft co-founder Logan Green.

Cofounder 28

Cofounder Business Model IPO Non-Compete 28

YoungUpstarts

OCTOBER 13, 2020

by Manni Sidhu, Co-founder and CEO of Coleegs , and William Gilchrist , Founder and CEO of Konsyg. A new challenge has bloomed for founders and managers in the Covid-19 era –how do they set key performance indicators (KPIs) for the years ahead? How much further will our revenues drop? Retention of Staff.

Management 194

Management Founder Asia Cofounder 194

ConversionXL

MAY 27, 2022

Elevate your founder and employee personal brand. Take SparkToro founder Rand Fishkin. Since co-founding Moz in 2004, Rand has continually put himself out there as a public face. Inside sales CRM Close.io , for example, grew its company to $6+ million in annual revenue with thought leadership-fueled content marketing.

Demand 115

Demand Affiliate Audience Leadership 115