My FYI Co-founder Marie joined Maggie Crowley for an episode of the Build podcast. Marie talks about what post-mortems are, and how to run them effectively. What she shares in this episode has become a critical part of our business process—and we think you'll get great value out of it, too. Give it a listen; it ends with tangible takeaways that anyone can implement regardless of their role.
Here is one of the most fascinating findings from AngelList's curated data: It takes a top-quartile VC fund to outperform the early-stage venture market. The power law dynamics at play in the early-stage investing game hint at the importance of Peter Thiel's philosophy that investors should only invest in "seven or eight promising companies from which you think you can get a 10x return." What are your thoughts on this analysis?
Igor Afonov shares his most important learnings and observations after three years of product management experience (and 10 years of being a software developer). Here are a handful of the ones that resonated most with me:
Focus on growing your team and delegate everything
I thoroughly enjoy these interactive case studies by Growth.Design. This one is about language learning company Duolingo and the set or user retention tactics they use to keep people hooked on the product. This breakdown makes it visually easy to see what the company did (and could've done) to boost user engagement. Which one do you most want to test?
I've noticed this question come up a lot in the UX world: Should you mark the required fields in a form? Many designers feel like having a marker for every required field is a redundant eyesore and takes up too much space. Still, it's critically important to avoid confusing the user and boosting completion rates. Here's why.
The basics of successful customer acquisition have always been the same: understand the customer, know their pain points, and make your value proposition incredibly clear. But, what has changed is that it's getting harder to capture the attention of (and impress) the B2B market. If you want to make a splash and genuinely stand out, here are the three things you need to get right.
This is a thought-provoking analysis of how Slack's blog strategy is a bit different from the average tech company blog. Slack has used their robust set of publicity efforts to turn their blog into an asset. A few of the ways they've done that:
Announcing important milestones exclusively on the company blog
Sharing "inside" details about how to company and its people operate
Using it to explain controversial decisions in an effort to create an even more loyal user base
You can always count on Tomasz Tunguz to share his insightful thoughts on the SaaS market. As of mid-June, the public markets value software companies at all-time high numbers. But the variance of valuations has also exploded. Tomasz says this is great news for public companies because it means they can raise capital at lower costs with smaller dilution. But, it also raises questions about whether we will see a reversion to the mean in the near future. What do you think?
Leo Polovets gave us a simple reminder this week that compound growth is a beautiful thing. Let this serve as a little bit of encouragement for all of the early-stage startups out there that are wondering about the value of not just growth but retention over time.
What does it take to make sure a new hire is onboarded in a way that makes them feel welcomed, encouraged, and ready to contribute to the team? Know Your Team Founder Claire Lew shares her company's onboarding process—from what the Day 1 "Welcome Note" included, to the 23 questions she asked a recent hire. This is a fantastic article that I encourage anyone who plays a role in hiring to read.
Omar Bahareth has spent most of his career as an engineer, and then moved into an engineering management role. This is an honest look at what the transition was like when he made the switch a few years ago. He shares what you should expect—from a lot more writing and scheduling, to an increased exposure to conflict. If you're in an engineering management role, you're going to want to soak up as much of this advice as possible.
I share a lot of my thoughts about remote work in this newsletter. This week's episode of The Startup Chat covers a slightly different topic: Is a semi-remote company a good idea? Steli started his company with a semi-remote structure, and I've managed remote teams almost exclusively.