Y Combinator Startup Podcast

B2B Startup Metrics with Tom Blomfield | Startup School

95 snips
Jan 8, 2024
In this discussion, Tom Blomfield, a Group Partner at Y Combinator, dives into the vital role of metrics for startup founders. He shares insights on which metrics to prioritize for informed decision-making and effective business control. Tom emphasizes balancing critical performance indicators with genuine customer feedback, warning against the pitfalls of vanity metrics. His expert advice is invaluable for entrepreneurs aiming to steer their startups toward success.
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ADVICE

Pre-Launch Metrics

  • Build basic metrics into your product before launching.
  • Don't add them retroactively after a launch.
INSIGHT

Metrics Fluency

  • Investors can discern founders who understand their metrics.
  • Founders fluent in metrics demonstrate competence.
ADVICE

Customer Interaction

  • Don't rely solely on metrics; talk to your customers directly.
  • Stay close to your users to understand their needs.
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