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Congrats @eva_ho - you've been one of the most helpful mentors and super excited for you, Seth, Chad and Leo!
1 month ago on New Seed stage VC Susa Ventures takes on an underrepresented sector that could well be the future
@MANISH PANDAY Thanks Manish
1 month, 1 week ago on Conversation @ http://www.entrepreneur.com/article/234871
@Elodie DESTRUEL Thanks Elodie for your feedback and comment. Really appreciate it! Hope it's a worthwhile read for ya.
@Ahmed Eid thanks, appreciate you reading it Ahmed.
1 month, 3 weeks ago on Conversation @ http://www.entrepreneur.com/article/233275
@George Skuros Thanks George. Really appreciate it.
4 months, 1 week ago on Conversation @ http://www.entrepreneur.com/article/232238
Did not know about this background story. Good learning.
6 months ago on Box is the unicorn that Mark Cuban let get away
Thoughtful analysis. Agreed. While there are many apps have tried tackling the same / similar issues - we can't really predict whether or not Jelly will succeed. In the meantime, I'll give it a try and see if any of my non-tech friends start catching up - that's the true test!
6 months, 3 weeks ago on Just add photos: Why Jelly could actually work
WOW. this might be more fun than in real life - cuz it aint that fun being a startup ceo :)
8 months, 2 weeks ago on Too lazy to start a real startup? Play “Hipster CEO” instead
Congrats Nick and team! Looking forward to speaking together on the same panel next Thur and growing our space together in both b2b and b2c worlds!
8 months, 3 weeks ago on Gainsight raises $20M to prove that new sales are great, but keeping current customers happy is better
Congrats George & team!
8 months, 4 weeks ago on Start a Movement: Roozt introduces personalized cause-based commerce, invites consumers to give back
The new video is HILARIOUS. good job guys
9 months ago on 500 Startups: New batch, new map, new song
Great in-depth coverage. Freshplum is def doing something interesting here.
9 months ago on Freshplum pulls back its online promotions management kimono, reveals meaningful performance lift
Did you say whiskey? awesome & congrats!
9 months, 1 week ago on Finally: Announcing Southland, PandoDaily’s new three-day tech conference
Well-researched, thoughtful and practical coverage - I esp love the balance between art & science - something that many of us can relate to when trying to build a technology that's so stats / data drive (try to leave 'big data' out of that one). Thx Sarah!
9 months, 3 weeks ago on Somehow Quora actually made quality scale. But can it still make us smarter on a smaller screen?
This is a great writeup. Reading it again several months later, I still uncovered new learning. Good work Sarah
10 months, 1 week ago on Nice pants: Bonobos raises $30m off of strong growth and Nordstrom deal
Great post and comparison to Geoffery Moore's book.
11 months ago on The four stages of life every successful startup must go through
Very interesting story about Hot or Not - I also shared my version of 'pivots' recently - hope this might be useful learning for some readers out there as well: http://venturebeat.com/2013/08/15/the-art-of-the-pivot-how-to-cut-your-losses-and-move-on/#comment-1004713186
11 months, 2 weeks ago on A serial pivot to success story
very accurate and great read.
11 months, 3 weeks ago on Why startup culture is such a fragile and precious thing
Very thoughtfully stated and agreed.
11 months, 3 weeks ago on Let’s kill the demo day and replace it with a one-year reunion
Congrats to Chad and team!
1 year ago on Panjo gets $1.6M to tap into the buying power of enthusiast communities
1 year ago on On why the biggest tech companies are built in Silicon Valley
Awesome development from one of the most technical companies in our community. Congrats Gil, Eva & team!
1 year ago on Factual turns location into insight with two new audience analytics and geotargeting products
This is a great write-up Veeral and your points on the vertical play is absolutely spot on. I'd like to add that another technology company that is dedicated to retailers AND local to J. Hilburn is Retention Science http://www.retentionscience.com - we recently met with your wonderful marketing team and is excited to see your growth in the near future! We believe that once you build your brand, being able to intelligently re-engage and manage your existing customers is crucial - esp. at a time that customer acquisition can be so costly.
Here's more info on a previous coverage by PandoDaily: http://pandodaily.com/2013/02/05/meet-retention-score-the-new-metric-that-predicts-your-customer-churn/
1 year ago on Want to give customers what they really want? Go vertical
This is a great initiative and Retention Science is excited to be a part of it!
1 year, 1 month ago on TechLA: A startup internship program aimed at the exodus of LA’s engineering graduates
@wooyi Mad respect to you!
1 year, 1 month ago on What if things don’t work out for you?
@jmpreston I love the wife idea. You must be an idea man :-D
This is a really thoughtful post that reinforces all of us to assess our personal circumstances to see if we can really drop everything to build a company. Certainly, as we get older, between 30-35, many more responsibilities come to picture that makes it difficult to commit to the hardship of entrepreneurship. I recently saw a tweet from an entrepreneur that I really respect, says, "startup, health, family - you can only pick 2 out of 3" - while it might or might not be true depending on the person, the reality is that most building a company takes a long time (unless you are the 0.00001% that gets very lucky) and a lot of hard work, so it's critical for all of us to realistically assess if we can do this, AND ... what if it doesn't work out? What the heck am I going to do? (My answer is: I'm going to come up another idea, and try again) ;)
Thanks Francisco for another thoughts-provocative share
Having just visited their LA office today and met one of the co-founders, Susan, I'm excited about learning their growth with the HGTV strategic investment
1 year, 1 month ago on Looks like that Scripps deal is already paying off for One Kings Lane
LONG LA. There are some really great "tech" companies being developed out of LA, it's exciting to watch what's next for the more mature companies (IPOs or some sort of exits) as LA needs a couple of "hits" (according to Brian during his Pando Monthly interview), as well as the younger companies (getting through the Series A crunch or raising bigger rounds to enable accelerated growth). There are a lot of tech development happening here in LA for sure. Thx Pando for the deeper dive during Cornerstone's sponsored month!
1 year, 1 month ago on Debunking the myth that LA doesn’t build hardcore technology
Awesome, go LA, also saw "Le Fashion Truck" last Saturday at the Santa Monica festival at Clover Park, it even has a dressing room. Neat stuff. Go entrepreneurs. My only question is how does Trua scale fast (if they're selling 8-10 pairs on a best day), but this is great to see!
1 year, 1 month ago on In LA entrepreneurship is everywhere, including on the street
Haha ... that is certainly clever and strategic on MeUndies. They have crazy retargeted ads as well! I look forward to their next (the third) video promo as well.
1 year, 1 month ago on For MeUndies, advertising alongside porn is just smart business
Pretty crazy / dramatic movement ... good lesson learned indeed.
1 year, 1 month ago on How not to scale: Zynga edition
wow ... thats tough to gather all of this content and make it into one. good job pando!
1 year, 2 months ago on Tumblr’s David Karp in his own words: a Pando meta media mashup
Great story! and what is 411? ;)
1 year, 2 months ago on When everything rides on a single cold call
looking forward to this sarah!
1 year, 2 months ago on Everything an outsider needs to know about LA
Cant' wait to hear what Brian has to say - really looking forward to this one!
1 year, 3 months ago on Come see ShoeDazzle’s Brian Lee! PandoMonthly LA tickets on sale now
Great cover & excited for @erikcaso and the Younity team - not all of us get to be a finalist at SXSW too!
1 year, 3 months ago on Younity makes its limitless personal cloud service social, unshackling the files stored on all your devices
I really agree w/ this: "I suggest you earn
your favors before you ask for them. I know so many people who have not
been helpful or supportive of my efforts in any way, but they have no
problem coming on strong when they want something from me." There're vendors who would like our businesses have been very kind in helping making intros, I'm more likely to take those meetings though I know they're trying to get me to buy their services.
Outside of business context, I'm a nobody and really not that many people would want to meet with me, but if anybody does (like entrepreneurs who I've never met and wanted to meet one of my investors), if they're genuine enough and make an effort to look me up / hunt me down in ways that's not too intrusive, I always try to help others because others have done so for me. I think at the end of the day, it's all about have the courtesy to treat others the way you want to be treated.
Thx for sharing your perspectives!
1 year, 3 months ago on Do you really want coffee or is this some kind of trap?
1 year, 3 months ago on 20Jeans gets $1 million to prove that there’s a market for basic men’s fashions
congrats on the launch to @starttheshift team!
1 year, 3 months ago on SHIFT makes marketing a team sport, adds 12 technology partners to its Open Marketing Cloud
Couldn't agree with you more and there's great lessons to be learned by others.
had made at least 5 attempts yesterday requesting a car service
(outside of the most crowded downtown area) and there were no
cars to be found. Tried again this morning to get a ride to the airport at 5am (which I assumed the demand for rides might be less - or maybe not cuz of crazy partyers), still
I've been a fan of Uber (the fact that they have
data scientists to map out the most popular route in each city, etc.
and release many great studies on their customer usage on a regular
basis), but I was quite disappointed with their execution / poor
logistics planning at such a huge event like SXSW.
1 year, 4 months ago on SXSW ride services encounter the paradox of free
Thanks for the re-cap! Last night was crazy indeed!
I wonder if you could follow up later with some stats on measurable ROI for throwing events like this to get user adoption, raise awareness (which is often tougher to measure), etc?
Also, I'm especially interested in the outcome for an Enterprise / software company (like SailThru), does it
make sense to throw a party where the majority of the goers are not
necessary your 'buyers / decision makers (maybe some agency buyers are in town for the party or the fly clients there)? But in general, these parties are EXPENSIVE. Does it make sense for startups?
I guess some investors are
thinking of the same, while some are happy to attend and proudly say
their portfolio companies had one of the best parties @ SXSW. It's
amazing to see how much money is being invested in promotional parties.
But hey, they are def fun & SXSWi would not be the same w/o these big sponsorships!
1 year, 4 months ago on What you missed on day three of SXSW
super well written and true - great write-up. loyalty is so critical to the long-term success of a business. wowever, we've found that reward points are most effective for 'commodities", i.e. if you're debating which supermarkets to get your bananas, you might go to ralphs vs vons, because you get points there. vs. those trader joes lover, regardless points / rewards, they'll still go get their bananas for 10 cents each (i'm the later).
another way of thinking about building loyalty, is to be more efficiently and intelligently managing how you re-engage customers, from timing of engagement, to frequency, to the type of promotions / offers you provide that are individually-tailored to the customer, because each customer is different. most of the traditional commerce can't do this yet, but at retention science, we're able to help ecommerce leverage all of the different types of data they collect about the customers, and leveraging our statistical models to predict how to best re-engage customers at the individual level, we believe better and smarter engagement will ultimately contribute to more loyal customers too.
p.s. love all of your mentions, the founder of punchd was in the same fraternity with me in college, i'm also good friends with the founder of fivestars, and punchtab and retention science shares the same investor (mohr davidow) - great researched piece. thank you!!
1 year, 5 months ago on Startups are disrupting the loyalty industry
@DaveMcClure well put.
1 year, 5 months ago on Ecomom’s aggressive discounting culture should be a cautionary tale for all of ecommerce
Great cover (and analysis) Sarah, esp around the "discount" piece. This
is why we built Retention Science, we believe e-Commerce should not
train its customers to "expect" offers and lose out the opportunity to
build a stronger brand in perceived value. Rather, we leverage data and
statistical models to determine when is a more appropriate time / frequency to provide offers, and more importantly, WHO to give out offers to, in order to build a sustainable
and profitable business in the long-term. Every customer is different, and deserves to be treated differently.
hmm ... beautifully written ... makes me feel a bit emo reading it, cuz
i'm now thinking abt my life ... as i'm reading, i realized i'm
still at my office (yes on vday) w/ 2 other co-workers @retentionsci,
can't help but reflect a bit on my personal life as an entrepreneur,
the sacrifices and that ... i'm kind of "married to my startup" (you're so right), so is my
co-founder, @awaage (who inspires me to work harder everyday) ... in fact that's all we think about, and we can't even stop talking
abt it when we r grabbing a drink at the venice beach last wkend after walking around the beach "trying to relax" ...
1 year, 5 months ago on Love, the leanest startup
wow ... so sad to hear about this ... from somebody who's been looking forward to finally working together w/ an amazing team: emily, marcus, jim nist, etc ... hope all the ecomom employees that are impacted will be able to recover from this unfortunate ending to a beautiful vision ...
1 year, 5 months ago on Ecomom is liquidating and shutting down; investors are stunned
@Patrick Coyne Thanks Patrick. We'll expand to other platforms shortly. The reason we started with Magento is that they are the biggest e-Commerce platform used by both small and large size companies. In addition, the extension makes it extremely easy for us to integrate and collect all the necessary data to make our predictions. We'll be looking into other platforms based on demands from our customers. If your company is run on another e-Commerce platform like ZenCart or Shopify, please us know and we'll be sure to look into it. Appreciate your comment.
1 year, 5 months ago on Meet Retention Score, the new metric that predicts your customer churn
@paigecraig wow, thanks Paige for the encouragement.
@AndrewCross Thanks Andrew for your feedback (and your thought is very consistent from our current customers). Our goal is to make the entire process easy so you don't have to think at all. Think going with the "Chef's Menu" vs. having to think a lot about what to order from Cheesecake Factory's huge menu - we strive to develop a platform that good that we can replace some thinking on your end. If you'd like more info, happy to chat more.