Forsgren: Almost no engineering teams have reached their maximum velocity limits
“Most teams can move faster, right? So And also given what we know about cognitive load, not all speed gains are necessarily good. Right. Or the upside is going to be kind of limited, right? Once you hit kind of a certain point, most people are not even near th…”
Zhang: Showing unpolished work-in-progress product demos reinforces team velocity
“And I really encourage this idea of like, let it break. Let us see like the, you know, the work in progress because it shows, it actually reinforces this concept of velocity.”
Cagan: Remote work has significantly hurt product velocity and innovation
“The reality is with remote employees, Both velocity and innovation have taken a real hit.”
High product velocity and core focus helps teams avoid workplace burnout
“And so I actually think velocity is a way to potentially avoid burnout. I'm not asking people to work, you know, unless hours a week, I'm asking people to get out of their own way and to focus on, on what truly matters, which is building great products for our…”
Diaz: Velocity is the only true sustainable competitive advantage
“More opportunities, resources, and tooling reduces the barrier to entry. Increases competition, resulting in velocity being the only true sustainable advantage.”
Zen: Velocity acquisition price would be 10x higher with .com domain
“Had I been velocity.com, I could have easily gotten an extra zero.”
Velocity pricing starts at $3,000 per month for base customers
“Customers start at about 3000 a month, and it varies greatly depending on if the customer has a global footprint.”
Velocity's average monthly revenue per user is about $6,000
“I would probably say it's about 6000 a month.”
Velocity charges by data streams rather than by seats or lines
“So, so unlike a lot of the folks in the industry who charge by the line of data or by seats, we choose not to do either of those things. Instead, we charge by the data stream.”
Velocity raised $3M from friends and family before closing $12M institutionally
“We, friends and family probably put in about three million into the business in the early years, and then we just closed an institutional round for about twelve million at the end of last year, beginning of this year.”
Acquiring a global agency client costs Velocity hundreds of thousands of dollars
“If I want to acquire a new global agency client that could take a year, and it could cost, you know, a couple 100,000 dollars to go through that process.”
Velocity serves fewer than 500 customers as of July 2017
“Less than 500.”
Velocity refuses to work with direct brand competitors simultaneously
“We're not ever going to be working with those two brands side by side.”
Velocity's top enterprise advertisers spend an order of magnitude over $6K monthly
“For a lot of the brands that we work with, the, especially with those who are on our self-serve platform, they tend to be smaller brands, mid-sized brands but we work with some of the largest advertisers in the world, and those customers spend an order of magn…”
Owusu says Mashable built its Velocity predictive engine completely in-house
“The entire structure of this Of this app Velocity was built in-house. I mean, really we built it from the ground up. I had the great pleasure of working with exceedingly talented people in, in particular, our chief chief architect built this from the ground up…”
Haile Owusu Nov 23, 2015 ▶ 18:43 Forecasting Content with Mashable's Chief Data Scientist
Owusu: Mashable licensed Velocity out and built models without pre-existing frameworks
“Because we obviously have an interest in, and have actually licensed this license velocity out, we haven't used any pre-existing models for predictions.”
Haile Owusu Nov 23, 2015 ▶ 19:17 Forecasting Content with Mashable's Chief Data Scientist
Velocity prediction engine sources the overwhelming majority of Mashable's top content
“And we actually find that the top end of our content, those stories that are viewed very widely and shared very, very widely, the overwhelming majority of those are sourced from Velocity by our editorial staff.”
Haile Owusu Nov 23, 2015 ▶ 22:52 Forecasting Content with Mashable's Chief Data Scientist