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Daniel Erickson

4 statements across 1 episodes · 1 bullish · 1 bearish · 1 people on the record · first statement Jun 5, 2020 by Daniel Erickson · across every show →

On the record as a speaker too: Daniel Erickson's record, appearances and statements → this page counts the times other people say the name.

Everything said about Daniel Erickson, oldest first

Jun 5, 2020 neutral
Insight
Product-market fit requires 40% of users to be very disappointed without it
“You have product market fit when at least 40% of your users say that you would be very disappointed if they could no longer use your product.”
Daniel Erickson Jun 5, 2020 ▶ 7:30 20VC: How To Scientifically Measure Product-Market Fit, How To Efficiently and Accurately Segment Users Into Cohorts, Why Investors Analysing CAC's at Pre-Seed Is Not Useful & How To Determine Between Customer Feedback to Accept vs Reject with Daniel Eric
Jun 5, 2020
Insight
Erickson: Accurately Measuring PMF Requires Explicit Target Market Segmentation
“Without defining a target market, And marking each user as in or out of that market, you won't know your true product market fit.”
Daniel Erickson Jun 5, 2020 ▶ 11:07 20VC: How To Scientifically Measure Product-Market Fit, How To Efficiently and Accurately Segment Users Into Cohorts, Why Investors Analysing CAC's at Pre-Seed Is Not Useful & How To Determine Between Customer Feedback to Accept vs Reject with Daniel Eric
Jun 5, 2020 positive
Assertion Not checkable as stated
Erickson: Embedding Survey Questions in Emails Drives 40% Response Rates
“So what we do actually is we embed the first question in the email itself and give users three buttons that they can click for the three different answers. This ensures that we get up to about a 40% response rate for that first question.”
Daniel Erickson Jun 5, 2020 ▶ 12:31 20VC: How To Scientifically Measure Product-Market Fit, How To Efficiently and Accurately Segment Users Into Cohorts, Why Investors Analysing CAC's at Pre-Seed Is Not Useful & How To Determine Between Customer Feedback to Accept vs Reject with Daniel Eric
Jun 5, 2020 negative
Disclosure
Erickson: Gettable Failed to Find Product-Market Fit Over Four Years
“Gettable was a construction equipment rental marketplace that was still in its infancy. I spent the next four years there trying to find product market fit, but we never really found it.”
Daniel Erickson Jun 5, 2020 ▶ 3:47 20VC: How To Scientifically Measure Product-Market Fit, How To Efficiently and Accurately Segment Users Into Cohorts, Why Investors Analysing CAC's at Pre-Seed Is Not Useful & How To Determine Between Customer Feedback to Accept vs Reject with Daniel Eric
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