article thumbnail

Announcing our investment in Bikky, a data-first customer platform for restaurants

Version One Ventures

Years earlier, he had founded Bikky after being inspired by his mother-in-law and the New York City restaurant she’s owned and operated for over 20 years. Bikky aggregates customer data from many disparate and traditionally siloed sources: point of sale, payments, online ordering, loyalty, and reservation data.

article thumbnail

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? 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
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

The Most Misunderstood Facts About Building a Business on YouTube

Both Sides of the Table

YouTube takes too high of a revenue split (45% vs. 30% that Apple and many other distribution companies take – FWIW, YouTube argues this is because their costs are much higher since they host and stream the video). You have to have some of your own content formats and not just be an aggregator of talent.

SEM 150
article thumbnail

How To Choose A Market For Your Startup Or Small Business

crowdSPRING Blog

But I’m always surprised when that entrepreneur or small business owner has a tough time describing the potential customers for their new business’s products and services. After all, without customers, there is no revenue. And how does this impact your new company? Who is correct?

article thumbnail

It's a startup, not a spreadsheet

Startup Lessons Learned

Because this is a new skunkworks-type project, everyone involved is savvy enough to understand that the initial ROI is likely to be low, much lower than projects that are powered by sustaining innovation. And so the spreadsheet is built with conservative assumptions, including a final revenue target.

article thumbnail

Why We’re Paying for Content These Days

Hunter Walker

In a recent New York Times column, Farhad Manjoo celebrated the fact that more consumers seem to be paying for content , which A Good Thing. This new generation is more concerned with social impact. More ppl are online & mature networks aggregate affinity groups better than ever. hunterwalk I'd just add, scale.

article thumbnail

Marching through quicksand

Startup Lessons Learned

Or follow all of the New York Times columnists equally? This is good news for everyone except those who have huge legacy investments in large-batch distribution. It’s time for us to start thinking of every piece of content – books, blogs, albums, TV shows, movies, everything – as a new little startup.