A North Star metric is a KPI that helps you understand if your business is meeting the expectations of your customers and team.
For something to be a North Star metric, it should:
š¹be One single metric
š¹contribute to generating income for your bu
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Anonymous 4
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Focusing on the right metric like monthly active users can really make or break a business because ulitmately retention is the only true indicator of PMF i think.
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Aman meshram
StealthĀ ā¢Ā 2m
Love to know monthly and daily active users of Medial app.
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Ronak Patel
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The 40% Test
One of the indicator of PMF (product market fit)
Imagine Medial shuts down tomorrow
What would be your reaction?
Vote below from the 4 option
If there are 40% votes on "very disappointed" That means medial has is close to achieved its
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Arcane
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A North Star metric is a KPI that helps you understand if your business is meeting the expectations of your customers and team.
For something to be a North Star metric, it should:
š¹be One single metric
š¹contribute to generating income for your bu
See More
8 replies5 likes
Havish Gupta
StealthĀ ā¢Ā 5m
How a single metric of data saved Duolingo?
Back in 2015, Duolingo was struggling to keep users active. The data analysis team divided users into categories such as New User, Current User, Not Active Since a Week, etc and analysed each of them separ
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Inactive
StealthĀ ā¢Ā 3m
Top 10 Metrics for Startups
š Customer Acquisition Cost (CAC): How much does it cost you to gain a customer?
š Lifetime Value (LTV): The total worth of a customer over their entire relationship with your business.
š Burn Rate: How quickly are y
Someone once told me there's no such thing as "organic." It's not true that organic users always have better metrics than inorganic ones. If this is the case for you, then your marketing and messaging before acquiring inorganic users is flawed.
Does
How to know if you reached Product-Market Fit?
1. Your customers will pull, you don't push
2. Your users become your sales team, will share, recommend and defend your product
3. Users stay and grow their usage, retention becomes easy
4. If 40%+
ā2 million daily active users to Failureā
Billions to Bankruptcy #11
Koo was founded in 2020 by Aprameya Radhakrishna and Mayank Bidawatka as a microblogging platform for Indians in multiple languages.Initially experienced a rapid rise due to its p
I don't see medial bombarding our phones with notifications but that's supposed to happen.
if a user funds atleast one notification relevant it can pull users to use the app again.This could increase DUA
I saw a lot of people being active 1 month a