Funding for doing #custdev
Here is the monthly update, for the #milvalchal - funding for doing #custdev.
- 878 clicks as of press time to this specific point of entry https://bitly.com/milvalchal+
- 252 total interviews submitted
- 32 people have accepted the challenge (this number is down from last time we are recalibrating and only reporting the exact funnel from the top link - 52 people have accepted the challenge but from other links/sources)
- 4 people have finished including @HeadyFoods @astokas and 2 others...
The riskiest assumption on the activation side is "do they believe us". To that end we are testing conversions for 5k @ a 1m valuation and 5k at a 100k valuation (we will not trick anyone, whatever variant you convert on and is promised to you is what you will get).
On the retention side, we are testing a few things that move teams along from interview #1 to interview #100.
Of course the riskiest assumption of all is - are the teams that finish "worth" a million bucks! Can they at least get a valuation higher than that? At the VERY least are they performing better than tier one incubators? I have a fast forward button for most of the experiments that I design... this one will probably have to wait until 20 teams have finished and we give them 2 years. What say you +Boris Grinkot +Spike Morelli +Steven Sherman
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