There were sending out a lot of spam emails. I remember I got 5-6 everyday asking to sign up. That time public email service users were asked to share they contacts list with the app, so that is how they got hold of my emails addresses.
This was great! Please do more slides/presentation type talks like this instead of panels. Panels seem to have orders of magnitude fewer deep introspective takeaways to communicate.
It fascinates me how knowledge like this is free on the internet, learning from entrepreneurs like Alex is so extremely valuable and people rather be watching Netflix all the time to entertain themselves
As an early-stage founder currently reading 'Hacking Growth' by Sean Ellis and Morgan Brown, I can relate to what Mr. Alex said about using different retention metrics based on the category you're in. A Saas business retention metric may be different from an E-commerce's.
Great but anyone could help to clarify what he talks about at 15:29 and further. Is it about the curve that will become flat at some point so you may assume that it will be at the same level +100 days from that point OR it is that you may take curve representing the retention and use it to predict other metrics?
1.Retention is very important 2.Understand what's going on,identify the opportunities in that data you've understood,and then execute against it. 3.Best of talks about making decisions with 70% of the data not 90% of the data. 4.Move fast, focus on retention and have one key metric that you care about for your company growth.
How to Get Users and Grow - Alex Schultz, VP of Growth at Facebook - Stanford CS183F: Startup School
Stanford Online
214,713 views
Alex Schultz, VP of Growth at Facebook, shares with us how to get users, how to grow, and how to measure growth.
2. Network effect - people use what others use
3. Build more category