4 ms·
Not limited to just unique startups, but simply record and measure the metrics that are important to you.
by babul 18y ago
Not limited to just unique startups, but simply record and measure the metrics that are important to you.
- babul 18y agoI'd say if you want to determine value and success rates, define your criteria (money/ROI/users/market-share/etc), set targets (spend $x and get y users in z time), and measure the performance (x spent on adwords/marketing/ads/other getting y users n% of whom pay $m) and where you are not meeting targets evaluate if they are realistic, and if so, why and what you can do to improve. Sometimes even the best of services/apps do not perform well despite best efforts so really the bottom line on how to value a startup is how the users value it.
- ptahdunbar 18y agoThat's a good point. But again, the whole "measure the performance" part comse back to knowing exactly what their doing on the app. Example: Youtube's flash player: Pageviews won't really tell you much, but knowing how many people click on "replay" button, or "share" button after the video finished, or use the flash interface to find related content. How would one go about adding those kind of data tracking capabilities so you can analysis it later or something? That's what I'm looking for... Although your comment did shine a light on other ways I haven't thought of yet. Thx.