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Lessons Learned: Validated learning about customers

Startup Lessons Learned

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? Every board meeting, the metrics of success change. First of all, it means that most aggregate measures of success, like total revenue, are not very useful. Great post!

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Marching through quicksand

Startup Lessons Learned

Lessons Learned by Eric Ries Monday, August 24, 2009 Marching through quicksand I have been spending a lot of time lately talking to people in various media companies: editors and agents, executives, journalists, producers and directors. My blog has over 14000 subscribers, for example. Is that a lot? And how could they possibly review a blog?

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It's a startup, not a spreadsheet

Startup Lessons Learned

Lessons Learned by Eric Ries Friday, June 5, 2009 It’s a startup, not a spreadsheet Some people, when they start to realize the power of using data to inform their decisions, become obsessed with optimization. In a startup context, numbers like gross revenue are actually vanity metrics, not actionable metrics.

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Lessons Learned: Please teach kids programming, Mr. President

Startup Lessons Learned

Lessons Learned by Eric Ries Sunday, February 22, 2009 Please teach kids programming, Mr. President Of course, what I really mean is: let them teach themselves. February 22, 2009 5:54 PM CapnCleaver said. February 22, 2009 10:14 PM Aleks said. February 23, 2009 2:22 AM Clement said. February 23, 2009 9:23 AM Clement said.

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Groupon's S-1: From Zero to Like? Billions in 30 Months ? AGILEVC

Agile VC

Founding Date: 2009. Revenue Growth: 2241% YoY (2010 vs 2009), 1357% YOY (Q1 2011 vs Q1 2010). Gross Profit Margins: 42% (Q1 2011), 39% (2010), 36% (2009) –> i.e. for every $1 of Groupons sold, the company currently keeps $0.42 Cumulative customers (unique buyers of Groupons): 15.8M (Q1 2011), 9.0M (2010), 0.4M (2009).

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Lessons Learned: Sharding for startups

Startup Lessons Learned

Lessons Learned by Eric Ries Sunday, January 4, 2009 Sharding for startups The most important aspect of a scalable web architecture is data partitioning. January 5, 2009 9:36 AM Eric said. January 5, 2009 9:49 AM Nathan said. January 5, 2009 5:37 PM spankysaid. January 5, 2009 6:07 PM dodo said. I like it.

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Why diversity matters (the meritocracy business)

Startup Lessons Learned

Two others – that each team member give their input independently and that the results be objectively aggregated – are also key parts of building a meritocracy. Diversity is not the only requirement for making good group decisions. So why is demographic diversity important? So why is demographic diversity important? Expo SF (May.