The Ultimate Guide to Startup Metrics, by Speedinvest Pirates
Learn what to track, when and why.
You will find a set of important metrics for each industry (pre-seed, health & consumer tech, fintech, deep tech, marketplaces, and industrial tech) mapped to the different stages of early stage ventures.
VC Investor | Actionable insights on startups, innovation, and entrepreneurship
The Ultimate Guide to Startup Metrics, by Speedinvest Pirates
Learn what to track, when and why.
You will find a set of important metrics for each industry (pre-seed, health & consumer tech, fintech, deep tech, marketplaces, and industrial tech) mapped to the different stages of early stage ventures.
Check my free newsletter for more insights: https://lnkd.in/dCpgAYjt
The Ultimate Guide to Startup Metrics, by Speedinvest Pirates
Learn what to track, when and why.
You will find a set of important metrics for each industry (pre-seed, health & consumer tech, fintech, deep tech, marketplaces, and industrial tech) mapped to the different stages of early stage ventures.
Check my free newsletter for more insights: https://lnkd.in/dCpgAYjt
The Ultimate Guide to Startup Metrics, by Speedinvest Pirates
Learn what to track, when and why.
You will find a set of important metrics for each industry (pre-seed, health & consumer tech, fintech, deep tech, marketplaces, and industrial tech) mapped to the different stages of early stage ventures.
VC Investor | Actionable insights on startups, innovation, and entrepreneurship
The Ultimate Guide to Startup Metrics, by Speedinvest Pirates
Learn what to track, when and why.
You will find a set of important metrics for each industry (pre-seed, health & consumer tech, fintech, deep tech, marketplaces, and industrial tech) mapped to the different stages of early stage ventures.
Check my free newsletter for more insights: https://lnkd.in/dCpgAYjt
The Ultimate Guide to Startup Metrics, by Speedinvest Pirates
Learn what to track, when and why.
You will find a set of important metrics for each industry (pre-seed, health & consumer tech, fintech, deep tech, marketplaces, and industrial tech) mapped to the different stages of early stage ventures.
VC Investor | Actionable insights on startups, innovation, and entrepreneurship
The Ultimate Guide to Startup Metrics, by Speedinvest Pirates
Learn what to track, when and why.
You will find a set of important metrics for each industry (pre-seed, health & consumer tech, fintech, deep tech, marketplaces, and industrial tech) mapped to the different stages of early stage ventures.
Check my free newsletter for more insights: https://lnkd.in/dCpgAYjt
📈 𝐓𝐡𝐞 𝐆𝐮𝐢𝐝𝐞 𝐭𝐨 𝐒𝐭𝐚𝐫𝐭𝐮𝐩 𝐌𝐞𝐭𝐫𝐢𝐜𝐬 𝐛𝐲 𝐒𝐩𝐞𝐞𝐝𝐢𝐧𝐯𝐞𝐬𝐭 𝐏𝐢𝐫𝐚𝐭𝐞𝐬
Tracking the right metrics is vital for startup success.
This Guide breaks down essential metrics for various industries and stages of early ventures, from pre-seed to growth phases. Whether in health tech, fintech, consumer tech, deep tech, marketplaces, or industrial tech, this guide helps you understand what to measure and why. Metrics offer insights into performance, helping you make data-driven decisions to scale effectively. 🔍
#startup#metrics#growthhacking#entrepreneurship#data#tech💡
VC Investor | Actionable insights on startups, innovation, and entrepreneurship
The Ultimate Guide to Startup Metrics, by Speedinvest Pirates
Learn what to track, when and why.
You will find a set of important metrics for each industry (pre-seed, health & consumer tech, fintech, deep tech, marketplaces, and industrial tech) mapped to the different stages of early stage ventures.
Check my free newsletter for more insights: https://lnkd.in/dCpgAYjt
Delighted to highlight a key resource I've recently discovered: "The Ultimate Guide to Startup Metrics"! For anyone else out there grappling with the dynamic and often confusing world of startup growth metrics, this one's a game-changer.
Navigating the maze of establishing the right metrics, especially when crafting something from the ground up (hello, 0-1 product managers!), has always been a challenge for me. This guide didn't just light up the path but also tailored it to the unique needs of different product types and developmental stages. A total eye-opener and a must-read for those of us in the chaos of product innovation.
VC Investor | Actionable insights on startups, innovation, and entrepreneurship
The Ultimate Guide to Startup Metrics, by Speedinvest Pirates
Learn what to track, when and why
You will find a set of important metrics for each industry (pre-seed, health & consumer tech, fintech, deep tech, marketplaces, and industrial tech) mapped to the different stages of early stage ventures. These metrics are then explained in further detail
Check my free newsletter for more insights: https://lnkd.in/da_7Pbkv
The Ultimate Guide to Startup Metrics, by Speedinvest Pirates
Learn what to track, when and why
You will find a set of important metrics for each industry (pre-seed, health & consumer tech, fintech, deep tech, marketplaces, and industrial tech) mapped to the different stages of early stage ventures. These metrics are then explained in further detail
Check my free newsletter for more insights: https://lnkd.in/da_7Pbkv
Want to recall the key premises from The Ultimate Guide to Startup Metrics by Speedinvest Pirates?
Let’s visualize each concept as a Geologists Exploration Plan, guiding you to find the Grasberg Mine.
Now, let's delve into the legend of the Grasberg Mine, a story that embeds these startup metrics into a memorable experience from 1970s Geos in Indonesia...
The Grasberg Mine's story begins with Siti, a young miner determined to transform the mining industry by applying startup metrics as her tools.
Each chapter of her story corresponds to a part of the mnemonic map:
Chapter 1: The Quest for the Right Tools - Siti selects CAC and MRR as her compasses, guiding her through the Acquisition and Revenue islands.
Chapter 2: The Guiding Star - Deep in the mine, the NSM shines over the Star Chamber, mirroring the North Star in our mnemonic map.
Chapter 3: The Five Mining Zones - Siti explores each zone of the mine, corresponding to the AARRR islands, utilizing metrics like CTR in Acquisition and ARPU in Revenue to optimize her mining efforts.
Chapter 4: The Council of Metrics - Quarterly, the miners gather, analyzing their metrics from the high tower, steering their strategies based on insights gathered.
Epilogue: Legacy of the Grasberg Mine - Siti's teachings on metric mastery inspire new generations, much like how the treasure map’s legends guide future explorers.
This narrative not only reinforces the technical concepts from The Ultimate Guide to Startup Metrics but also ensures they remain memorable through the adventurous tale of the Grasberg Mine
VC Investor | Actionable insights on startups, innovation, and entrepreneurship
The Ultimate Guide to Startup Metrics, by Speedinvest Pirates
Learn what to track, when and why
You will find a set of important metrics for each industry (pre-seed, health & consumer tech, fintech, deep tech, marketplaces, and industrial tech) mapped to the different stages of early stage ventures. These metrics are then explained in further detail
Check my free newsletter for more insights: https://lnkd.in/da_7Pbkv
8 Essential Metrics Tips for #SportsTech Startups
As an educator preparing the next generation of SportsTech #entrepreneurs and Berkeley Changemakers, I'm always on the lookout for valuable resources to share with my students in my course, "SportsTech: Entrepreneurship & the Future of Sports" offered by the UC Berkeley Sutardja Center for Entrepreneurship and Technology (SCET), in the UC Berkeley College of Engineering. "The Ultimate Guide to Startup Metrics" by Speedinvest Pirates is such an excellent resource for any founder navigating the world of entrepreneurship, but below are the tips I'm sharing with my students on how they can apply the guide's principles to their SportsTech ventures:
(1) Define your North Star Metric: Identify the core value your product provides, such as number of workouts completed, performance improvement, or platform usage. Align your team around this metric.
(2) Pre-Seed: Build, Measure, Learn: Create your MVP, onboard early adopters, and gather feedback. Track pilot customers, engagement, and qualitative insights to refine your offering.
(3) Seed: Show Product-Market Fit: Demonstrate traction with metrics like monthly active users, conversion rates, retention cohorts, and early revenue. Validate your market fit.
(4) Series A: Optimize Unit Economics Dive into your business model and track CAC, LTV, LTV:CAC ratio, MRR growth, and gross margins. Illustrate a path to profitability.
(5) Know Your Segments! SportsTech often spans B2C (athletes) and B2B (teams, gyms). Measure what matters for each segment to drive growth holistically.
(6) Retention is Crucial! Analyze user retention by signup cohorts. Strong engagement and retention validate your product's sticky factor and long-term value.
(7) Blend Hardware & Software Metrics: If your venture has a hardware component, separate it from recurring software revenue in your reporting. Investors value the predictability of subscription revenue.
(8) Leverage Brand & Community: In SportsTech, brand, content, and community are powerful assets. Track social engagement, brand searches, and other top-of-funnel metrics.
The guide's core principles - defining a North Star, tracking key product and revenue metrics, and demonstrating a path to profitability - are essential. However, I'll encourage my students to tailor the specific metrics to what matters most for their SportsTech ventures, especially around engagement, community, and blending B2C and B2B models.
By aligning their metrics with the milestones that resonate with SportsTech investors, they'll be well-positioned to attract the right partners to help them scale.
What do you think, Danny Cortenraede and Ashley DeWalt? Thanks, Rubén D., for posting this excellent resource.
Keith McAleer, Ken Singer, Jesse Dieker, M.Ed., Joo Ae Chu, Gigi Wang, Laura Hassner, Roxanne Hernandez, Rich Lyons
VC Investor | Actionable insights on startups, innovation, and entrepreneurship
The Ultimate Guide to Startup Metrics, by Speedinvest Pirates
Learn what to track, when and why
You will find a set of important metrics for each industry (pre-seed, health & consumer tech, fintech, deep tech, marketplaces, and industrial tech) mapped to the different stages of early stage ventures. These metrics are then explained in further detail
Interested in startups? Check my free newsletter for more insights:
https://lnkd.in/dm_Wvui3
VC Investor | Actionable insights on startups, innovation, and entrepreneurship
The Ultimate Guide to Startup Metrics, by Speedinvest Pirates
Learn what to track, when and why
You will find a set of important metrics for each industry (pre-seed, health & consumer tech, fintech, deep tech, marketplaces, and industrial tech) mapped to the different stages of early stage ventures. These metrics are then explained in further detail
Check my free newsletter for more insights: https://lnkd.in/da_7Pbkv