sari
- ADP: 90%+ 12-month customer retention (source)
from What is good retention by Lenny Rachitsky
- I often think about the fact that at 31 years old, Charlie Munger was divorced, broke, and burying his 9 year old son, who had died from cancer.
- Unbuild the Over-Engineered, and stop adding more shit to the pile. Destroy, demolish, rebuild.
from open systems
inspiration strikes when you're working. that's the work ethic I aspire to.
- I’ve always wanted someone to build a way for everyone to be a headhunter in their free time. Every major tech company has referral bonuses for their employees. Make this bonus available for anyone who sends a candidate & build a global + distributed recruiting team.
- We’ve observed a trend of consumer apps pushing annual discounted pricing more and more aggressively (sometimes not even offering monthly prices anymore, like Calm) to improve revenue retention metrics and reinvest revenues into growth. We’ve also seen others do a lot of creative experimentation with their price points (e.g. Noom’s ‘name your own p... See more
from How to win in consumer subscription by Lenny Rachitsky
- But any attempt will need to compete for attention from the ultimate discovery network, Instagram, or the ultimate search engines, Google and Amazon. And right now, at launch, the Shop app is nowhere close to the magic of either of them.
from Shopify’s uninspired vision of the future of shopping by Dan Frommer
- The product manager is responsible for prioritizing the product roadmap and communicating it to the team. Not as a top down dictator, but as a consensus builder amongst all the stakeholders, breaking a tie when necessary.
from A Letter To A New Product Manager by Brian Armstrong
- The next phase in our evolution is to move capital flows to the edges and enable discrete groups to create their own standard operating procedures for circulating capital. DAOs will evolve into complex structures where each node in the network interacts with the others to receive and distribute capital in the form of grants, revenue splits, bountie... See more
from The next big unlock for DAOs on Bankless