Daniel Erickson

person on 1 show · 4 statements across 1 episodes

20VC

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

4 statements about Daniel Erickson, every show

20VC 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
20VC 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
20VC 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
20VC 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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