Finest-5 Product reads #2
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I believe "Time is the most valuable possession you have". This newsletter aims to provide the maximum ROI on your time. Here is your weekly dose of the "best reads" for the PM in you.
"Paradox of Choices" has always been a powerful concept. With nearly unlimited choices, sometimes one spends hours searching for the right movie to watch. Netflix takes a bet to kill this decision fatigue with its new feature - "Play something". If the bet plays out, we are looking toward a shift in the media streaming industry where personalization and instant joy takes heavily on endless scrolling. Continue reading..
Your ultimate guide to churn
Churn is one of the most important metrics to understand company growth. Lawrence Chapman covers churn at length. He covers causes such as pricing, engagement, and expectations. He further discusses churn by industry standards and how we can come around if needed. The article is your one stop to understand how customer churn works. Continue reading..
Scaling Data: Data Informed to Data Driven to Data Led
Data is not just a set of tools an org should implement; it is a strategic lever for growth. Crystal Widjaja defines 3 stages of data maturity i.e., data informed, data driven, and finally, data led. These stages run across 4 capabilities i.e. Infrastructure, analytics, operations, and teams. She urges that understanding the stage of maturity for both product and data is critical. Continue reading..
Can Social+Commerce compete with Amazon to be the next shopping destination?:
A $2.1 Billion valuation of Meesho must have caused few worries for ecommerce giants. Though Amazon and Flipkart are increasing the market share, there are still discomforts with shopping on e-commerce in India, trust being the biggest. However, a country which spends 3 hours a day online and over 2/3rd of it on social media and entertainment sites, it will be interesting to see the mix of social + commerce and how it plays out. Continue reading..
What Tiger Global's bet on CoinSwitch Kuber means to India's crypto startup story:
Recently Coinbase became a $100 billion role model for crypto startups around the world. Home-grown CoinSwitch, Despite the looming fear of a ban in India, was able to raise $25 million, crossing a $500 million valuation. Tiger Global, which has been the biggest name in the recent Unicorn run in India, has made many bets, from Flipkart to Byju, but this is the first in Crypto. Both look confident that 'India will eventually regulate the industry and not abandon it'. Continue reading..
Product of the week: Microaquire
At the place of going 0 to 1, why not acquire a small startup? Also, evaluate all the right metrics and negotiate the right price. Micoaquire is a startup acquisition marketplace with thousands of genuine customers selling and buying the startups. And the testimonials are just fascinating to read.
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