Hsu: Startups need quantitative data once reaching hundreds of users
Jonathan Hsu · 20VC: Why Historical Loss Ratios Are Simply Too High, Why Data Is The #1 Most Important Piece When Evaluating Effective Reserve Allocation & Why Nothing Is Truly Defensible Today with Jonathan Hsu, Co-Founder and General Partner @ Tribe Capital · Jun 17, 2019 · at 15:24
Jonathan Hsu is Co-Founder and General Partner at Tribe Capital, a venture firm focused on data science and quantitative evaluation of product-market fit.
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“I think anecdote works really well, you know, when you're dealing with the first couple of customers, when you're dealing with only maybe a dozen users, maybe two dozen users. But once things start pushing into dozens of customers, possibly hundreds of users, maybe several hundreds of users, that's where like data is there to really check the anecdote, to make sure that people are really doing what you think they're doing.”
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