CTO Hire Open Source Product Development Revenue 
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?)
Startup Lessons Learned
SEPTEMBER 15, 2008
But by taking advantage of open source, agile software, and iterative development, lean startups can operate with much less waste. I am heavily indebted to earlier theorists, and highly recommend the books Lean Thinking and Lean Software Development. (So The lean startup is an application of Lean Thinking.
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Startup Lessons Learned
SEPTEMBER 13, 2008
Slowly, over time, we optimized (or eliminated) each step in the process of becoming a customer by giving us money. And one day a remarkable thing happened: we started making more than five dollars a day in revenue. You mention "we had also built a simple cohort-based analytics system" Is tihs a commercial/open source systems.
Startup Lessons Learned
SEPTEMBER 28, 2008
If you dont make predictions ahead of time, theres no way to call you on it. In fact, in the early days, when IMVU would experience unexpected surges of revenue or traffic, it was inevitable that every person in the company was convinced that their project was responsible. Seth Godin: How often should you publish?
techcrunch.com
OCTOBER 23, 2010
But six months in, you’re gonna cry when you see someone else put out that same product you’re pitching me right now. Like I said, forget everything else and just get your product out the door. Inevitably, the excuses begin: I need to hire people to build the product. I don’t know any developers. No phone system.
Startup Lessons Learned
SEPTEMBER 29, 2008
Either way, you would have been better off focusing your split-test on high level metrics that measure how much customers like your product as a whole. Thoughts on scientific product development Lo, my 5 subscribers, who are you? Seth Godin: How often should you publish?
www.quora.com
JANUARY 16, 2011
I have come to believe during my time as an operator, entrepreneur and investor that the balance of these skills is so important to the long-term health of a business that if balance is not achieved early then the impact later can be profound - sometimes terminal. Colin Hayhurst , CTO co-founder then CEO of start-up b.
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