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7 votes
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Apple acquires self-driving startup Drive.ai, hires dozens of Drive.ai engineers
6 votes -
Silicon Valley's health-tech start-ups need to focus more on medical rigor and less on growth
10 votes -
The once-hot robotics startup Anki is shutting down after raising more than $200 million
7 votes -
Many companies like Lyft and Uber are going public without having profits - The last time this was so common was in 2000, right before the dot-com bubble burst
15 votes -
“Most startups,” [Dan Lyons] writes, “are terribly managed, half-assed outfits run by buffoons and bozos and frat boys.”
9 votes -
Life lessons from a lifestyle business - An interview with Matt Haughey, founder of MetaFilter
8 votes -
Advice for internet startup newbie
I might soon be part of an internet startup. We're talking with a relative about setting up a consultancy & business news service on a certain sector, and I've generated a part of the idea and...
I might soon be part of an internet startup. We're talking with a relative about setting up a consultancy & business news service on a certain sector, and I've generated a part of the idea and accepted to take on the technical/editorial side for a while (I've almost a year til when I start my master's, and will probably work up until when I start my thesis; so almost two years). If things work out, this might be a dream job (except academia) for me, and even very lucrative. But I'm fairly n00b in this space, both business and professional work, though I have the technical skills. Thus I'm seeking general advice on
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how to organise this thing: how to make sure we communicate well on dates and plans and how to make educated guesses when setting up an agenda
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how much will it cost: we'll start with making a database and running a sector-specific blog/news site as publicity (though I'll make sure the content is quite decent, not just a showpiece), but then later we'll introduce a tangential online service and a mobile app leveraging that crowd
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working with non-techies: I'll be the only techie in this startup and I need to help people with gathering, storing, organising and utilising historical data with certain variables, ensuring they keep an accurate record and can make quality queries easily; the 3 people apart from me will be non technical
I think quite a bit of you here have been involved in this sort of scenario, so maybe you could have some advice for me. I'd appreciate anything, examples of approaches, links to tools, what not, anything you think could be useful. Thanks a lot in advance!
13 votes -
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VC folks talk about social media, community, and the failings - includes ex-product head of YouTube
3 votes -
Reddit founder Alexis Ohanian has $225 million in fresh funding to back health and elder tech startups
9 votes -
Startups flock to turn young blood into an elixir of youth
7 votes -
Advice on Google's OKR Framework
I've hard a lot of great results using Google's OKR (Objectives and Key Results) framework in my roles leading technical and product teams. I've been tasked with bringing this framework across my...
I've hard a lot of great results using Google's OKR (Objectives and Key Results) framework in my roles leading technical and product teams. I've been tasked with bringing this framework across my organization, including to teams like marketing and business development.
My main issue recently has been around defining the key results of the projects that our teams are going to be pursuing. All of the advice I've gotten in the past has been to ensure that KRs are quantitative, NOT qualitative. This has been at odds with some of the projects the marketing and business teams are planning on working on. These are projects like...
- create a new marketing plan given the new budget constraints
- audit the distribution process to increase our information about the retail sales process
The push back I am getting is along the lines of "when I create the new marketing plan, the project will be complete, and therefore it's just whether or not I finished the plan that matters." i.e. if the objective is finished then the project is a success. My point of view is that ALL projects should have metrics attached to them, and if we can't measure the progress then we cannot show the added value to the business as a result of our effort.
The natural response is: what metrics would you attribute to projects like these? And THAT'S where I could use help. Coming from a product/tech background, my understanding of marketing, biz, and operations leaves something to be desired.
For the marketing plan, I suggested a metric could be to reduce the monthly marketing budget from $current to $future. For the distribution audit, I suggest we track the # of insights/recommendations we produced as a result of the audit. The pushback was that these metrics "didn't really matter" and that "how can we set a goal on insights - even one good insight could be worth a lot, but I could come up with 4 crappy insights just to achieve a numerical goal."
I'm a bit at a loss. I understand their point of view, and I really feel in my heart that we need to be pursuing measurable KRs. Do you have any advice?
6 votes -
$100 million was once big money for a start-up. Now, it’s common
8 votes -
Burger robot startup opens first restaurant
5 votes -
Chat with Rob Walling, founder of Drip, serial entrepreneur
5 votes