GMV

4 statements across 3 episodes · 0 bullish · 2 bearish · 3 people on the record · first statement Dec 27, 2023 by Sarah Tavel · across every show →

Everything said about GMV, oldest first

Dec 27, 2023 negative
Insight
Marketplace GMV is a vanity metric that does not indicate enduring value
“GMV is really actually a vanity metric. It doesn't get at the core of whether you're building enduring value. It's like very clear. And there's plenty of examples I could give where there are companies that had incredible scale and still were disrupted by a st…”
Sarah Tavel Dec 27, 2023 ▶ 50:28 The hierarchy of engagement | Sarah Tavel (Benchmark, Greylock, Pinterest)
Jun 23, 2024 negative
Insight
Vora: Directing all teams toward top-line revenue causes 'toddler soccer'
“Sometimes when you give people direction, you're like, okay, everybody just go get revenue, or, you know, everybody just go get GMV. And it seems obvious, because that's the thing you have to do, right, as a company. But there's only a few places where you're …”
Ami Vora Jun 23, 2024 ▶ 56:35 Making an impact through authenticity and curiosity | Ami Vora (CPO at Faire, ex-WhatsApp, FB, IG)
Nov 7, 2024 neutral
Assertion Not checkable as stated
30% to 40% of Short-Term Experiment Wins Have Zero Long-Term Impact
“Yeah, it's right. It's in the 30 to 40% range.”
Archie Abrams Nov 7, 2024 ▶ 17:50 Breaking the rules of growth: Why Shopify bans KPIs, optimizes for churn, and prioritizes intuition
Nov 7, 2024
Insight
Power-Law Merchant GMV Drives Shopify Cohort Returns
“GMV is a power law based metric, and so it's really that power law that drives the success of each cohort.”
Archie Abrams Nov 7, 2024 ▶ 10:45 Breaking the rules of growth: Why Shopify bans KPIs, optimizes for churn, and prioritizes intuition
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