Viable Fit

also referred to as: viablefit

4 statements across 1 episodes · 3 bullish · 0 bearish · 1 people on the record · first statement Jun 5, 2020 by Daniel Erickson · said 1 times in 1 episodes since 2020 · across every show →

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brought up most by Harry Stebbings (1)

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Everything said about Viable Fit, oldest first

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 bullish
Prediction Not checkable as stated
Erickson: Viable Fit aims to make PMF the next NPS
“We want to make PMF, the next NPS, and specifically have it focused on product success instead of the more customer service and operations teams oriented approach that NPS takes.”
Daniel Erickson Jun 5, 2020 ▶ 20:43 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 bullish
Prediction Didn’t hold up
Erickson: Product-market fit will be product teams' primary metric within five years
“In five years, PMF will be the main metric that product teams track to gauge success, much like NPS now is for support and operations teams. ViableFit will have rocketed out of the tech industry and gained a foothold in enterprise companies across all industri…”
Daniel Erickson Jun 5, 2020 ▶ 24:21 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: Discard product feedback from non-disappointed survey respondents
“You should discard the feedback that you receive from the users who would not be disappointed if they could no longer use your product. They're not really your target market or your audience, so it's best to just politely thank them for their feedback and shif…”
Daniel Erickson Jun 5, 2020 ▶ 16:40 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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