so you want to be data driven
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Being Data Driven
What?
Being Data Driven
Data Driven Decision Making
Why?
How?
Reduction of uncertainty
“I have approximate answers, and possible beliefs and different degrees of certainty about different things, but I am not absolutely sure of anything…” Richard Feynman
The Lean Startup
Lean: Light weight
Key Concepts
Build - Measure - Learn Minimum Viable Product
(MVP) Vanity metrics
Build - Measure - Learn (Repeat)
Minimum Viable Product (MVP)
How fast can we learn?
Vanity Metrics
Vanity metrics
Actionable metrics
Example: Daily Active Users (DAU) > Installs Lagging vs Leading indicators
A/B Testing
You don't use science to show that you're right, you use science to become
right.
A/B Testing
Lean analytics (Bonus)
Stages of a startup One metric that matters Lines in the sand
The 5 stages of a startup
Empathy Stickiness Virality Revenue Scale
Questions?
Feedback
Thank you :)