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As it turns out, app retention & conversion are hard

Austin Startup

Spoiler : user retention and conversion are hard. Retention The scary reverse-hockey stick chart shows up in this report, too. Conversion/Monetization The bottom line: conversion is really difficult , unless you’re a Media/Entertainment app, which convert 46% of visits to views. On the other side, though, ugh.

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Why The Haters are Wrong About Growth Hacking

Both Sides of the Table

“Growth hacking perpetuates this myth that you can magically achieve hockey-stick growth by using short-term “hacks.” “ I have always encouraged teams to think about growth as daily blocking-and-tackling rather than a dark art. I laughed as I did at much of his rant. He even used some terminology near and dear to my heart.

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Forecasting Models: What You Need to Know

Up and Running

Forecasts might also predict or estimate other business numbers such as web traffic, conversion rates, or social media engagements. Why do entrepreneurs sometimes resort to the “hockey stick forecast,” especially when they pitch to investors? The turn upward is like the bend in the hockey stick.

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Growth strategies for marketplaces: key takeaways from a fireside chat on growth

Version One Ventures

As an investor and former founder, I know that scalable growth (and the pretty hockey stick graph) is the holy grail for every startup. Since it was part of the Version One marketplace meetup, we geared the conversation toward marketplace companies , but many points apply to software/SaaS startups as well.

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Two Ways to Hold Entrepreneurs Accountable (for Harvard Business.

Startup Lessons Learned

Two Ways to Hold Entrepreneurs Accountable - The Conversation - Harvard Business Review Way back when the money was doled out, the team made a compelling pitch about the large market that was going to adopt their new innovative product or service. Leave a comment or reply to someone else. Fostering that dialog is important.

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Top Startup Mistake: Unrealistic Forecasts

Up and Running

When I asked the standard “How are you,” he answered: “If I see another hockey stick forecast this week, I’m going to throw something at somebody.”. That was so long ago that I had to ask him to explain the hockey stick metaphor. ” See Also: How to Forecast Sales.

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Flexible VC, a New Model for Companies Targeting Profitability

David Teten

Yes, via conversion rights at a valuation cap. Yes, via conversion rights at a valuation cap. As a result, unfounded hockey-stick graphs and unicorn promises give way to financial fluency, realistic expectations, frank conversations about what a business can credibly achieve, and transparency. .