Popular Dishes

Saturday, June 12, 2021

Stats for Startups

The folks at Charge Ventures just could’t believe that nobody had not done it before... and just like that, in the most proverbial entrepreneurial way, Stats for Startups got started.

Stats for Startups is the natural outcome of having reviewed thousands of early-stage startup pitches and trying to make rational decisions about where to invest and where to not. Wait! Can you actually rationalize entrepreneurship?

Isn’t entrepreneurship this mystical thing where someone comes up with a massively brilliant idea, they drop out of college, they get millions in VC funding, they grow a huge company and, finally, they retire fabulously rich - or at least – they have the choice to. 

Of course, this is not the case. Anyone that has built or invested in a company knows that entrepreneurship is a hard-earned skill founded on making good decisions (of course some luck too – but we can’t control that – at least for now). Good decisions rely on good data and this is what Stats for Startups is all about.

To paraphrase Peter Drucker, "if you can’t measure it, you can’t invest in it".

Unmeasurable Opportunity?

Friday, December 29, 2017

First, try to get in trouble.

How do you innovate? First, try to get in trouble. I mean serious, but not terminal, trouble. “When life gives you a lemon …” It is a well-known trick that if you need something urgently done, give the task to the busiest (or second busiest) person in the office.

– Nassim Nicholas Taleb in Antifragile: Things that Gain from Disorder

Maybe not unwanted after all.

Wednesday, April 5, 2017

95% of newly published pages don’t get to the Googl Top10 within a year

How long till my website (page) ranks on top of Google?

The common response to this question is obviously, “It depends,” because there are just too many variables to consider: website strength, competition, budget, skills, etc.

But here at Ahrefs, we decided to sift through the petabytes of historical ranking data that we have and give you a slightly more quantifiable answer, something more concrete than simply, “It depends.”

Time Soulo explaines here.
The Digital Tree of Life?

Tuesday, January 24, 2017

Good vs. Bad Failure

In startup land failure, in some share or form, is inevitable. Given its inevitability, what can we make - if anything - out of it? Brett Martin of Charge Ventures shares his heart-felt learnings on the issue here.

Enjoying the Ride?

Thursday, June 16, 2016

Just Raised Money! Vacation Must be Due...

Fundraising isn’t easy and we entrepreneurs keep ourselves motivated by mentally promising that everything will go back to normal afterwards. This is, in fact, not often true. Here’s a quick anecdote from a CEO who just raised an A round, which is generally pretty representative.
Startuup Tailwind

Friday, January 15, 2016

The ╬Ĺsymetric ╬Łature of Startup Employee Performance

Much like startup performance follows a power law, so do startup employees. The most effective employees create 20x more leverage than an average employee. This is not true in an efficiency company — the best employees might work 2x faster than their peers.

Apperances aside, you mostly want stars to work for you. 
Read more on what Herny Ward has to say on the issue here.

Sunday, June 21, 2015

The Increasingly Blurred Lines of Being Employed

There’s no argument that the current on-demand economy is highly challenging. Whereas a decade ago, workers in the U.S. and Europe worried about jobs being outsourced overseas, today’s companies, such as Upwork and Bench.co, can assemble teams “in the cloud” to provide sales and customer support, help with editorial work, conduct research and perform many other tasks. New digital platforms are beginning to act as real-time global online staffing agencies, but staffing agencies that bridge borders and integrate the global workforce at levels never seen before. Meanwhile, coordination platforms like Uber and Shyp are multiplying almost daily, powered by smart synchronization algorithms that can route tasks to those who are best qualified and available to perform them.
On Demand is In Demand
The danger is that we will use old classifications, like W-2 (wage -based employment) and 1099 (non-wage based employment), to solve problems that are unique to this new work landscape, laying groundwork for polarization and years-long legal battles.

More on the issue by Marina Gorbis & Devin Fidler.

Wednesday, December 3, 2014

Self-Sensoring: Facebook Knows Better

Facebook’s business model is founded on the monetization of its user data for various marketing purposes including market research and targeted advertising. As a result, a user signing up to use Facebook must agree to the SNS’ terms of usage and data use policy. By doing do, a user gives Facebook permission to monitor and track pretty much everything that they do or store on the site including their profile, postings, photos, friends, and likes. 

While many users may be aware of this, most don’t realize Facebook’s data collection policy is actually so aggressive that it even tracks information that a user “self-sensors” such as posts that a user types but decide not to post. Regardless, many are being put-off by what they consider to be a blatant invasion of their privacy.

A recent survey conducted by a market research Eircom shows that 48.3% of the users that have quit using Facebook did so due to privacy concerns. In the meantime, the SNS keeps growing in absolute numbers and in 2015 is expected to surpass China as the largest "coutry" in the world.

Tuesday, June 10, 2014

Marketing With Spice

100-page-long marketing plans packed with detailed forecasts and spurious assumptions just don't make sense in the world of startups that have to churn out minimum valuable products (MVPs) and build a customer base under immense time pressure. 

After all, the main tenet behind this forum is that marketing and growing a young business is about trying, tasting, adjusting, and trying again. The market is your kitchen; your ideas are your ingredients; your products are your dishes. While preparing your marketing plan, we have found that these 7tips are just the right spices to use!

So, listen closely, engage, measure, address, fix, delight, remain patient, and repeat again until you get it right.

Wednesday, March 26, 2014

The Science of the Future?

It’s that archetypal scene from “The Graduate”. But instead of “plastics,” the hot field is “data science.” And the career advice would seem to be well founded. A Harvard Business Review article of 2012 dubbed the field, “The Sexiest Profession Alive.”

According to a report by the McKinsey Global Institute, there will be almost half a million data science jobs in five years and a shortage of up to 190,000 qualified data scientists, plus a need for 1.5 million executives and support staff who have an understanding of data. Institutions of higher learning have responded. In 2013, a handful of universities began offering data science courses, some leading to degrees in the field.

Read more on here.