Then, we decided to revisit fundraising (and do it differently). We set up an AngelList Roll-Up Vehicle (RUV). Through an RUV, any accredited investor can contribute, up to 250 individual investors in a single round. Our first step with the RUV was to email it to our customers. Why? Because fundamentally, I wanted to enrich the people that are... See more
C. THI NGUYEN: The way I navigate the world right now is I’ve developed a fair amount of defensive suspicion about certain kinds of pleasure. A marker of design game-like systems is that they’re very pleasurable to operate in.
Commitments become easier when you realize that, after enough wandering, the grass is unlikely to be greener, pursuing novelty has diminishing returns, and continuous optimizing comes at the cost of compounding—and nearly everything great compounds
An activation metric is a measure of how many actions a user takes to receive value out of a product. Essentially, it is what a user has to do before they get value from the product.
There’s nothing wrong with spelling things out in detail for people if your product needs to be complex, but remember that the longer the onboarding process, the more necessary it will be to show new users some form of progress throughout it.