15. Software has no choice
but to record its actions.
http://www.flickr.com/photos/jenny-pics/3239638494/sizes/l/
16. A closed loop
of continuous improvement
http://www.flickr.com/photos/spacepleb/1779158639/
17. “... a closed signaling loop ...
where action generates some
change that triggers a system
change, originally referred to as
a ‘circular causal’ relationship.”
18. A business that learns.
http://www.flickr.com/photos/aussiegall/286709039/
27. Thefivestages EMPATHY
I’ve found a real, poorly-met need that a
reachable market faces.
STICKINESS
I’ve figured out how to solve the problem in a
way they will keep using and pay for.
VIRALITY
I’ve found ways to get them to tell their friends,
either intrinsically or through incentives.
REVENUE
The users and features fuel growth organically
and artificially.
SCALE
I’ve found a sustainable, scalable business
with the right margins in a healthy ecosystem.
41. Companies that use data-driven
analytics instead of intuition
have 5%-6% higher productivity
and profits than competitors.
2011 MIT study of 179 large publicly traded firms
Brynjolfsson, Erik, Lorin Hitt, and Heekyung Kim. "Strength in Numbers: How Does Data-Driven
Decisionmaking Affect Firm Performance?." Available at SSRN 1819486 (2011).
42. Everything we are talking
about this week is about the
shift from scale to cycle time.
43. As a result of technology that
makes the first unit as good
as the millionth.