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» The homepage of Entrepreneurs & Product Geeks

  • The stars align for AR to go mainstream

    The market for AR developers is red hot and some predict that Apple smart glasses sales may surpass the iPhone in the next decade. 

    In his vision for 2020, Mark Zuckerberg said it’s likely that AR and VR will be the next major platform after the mobile phone. His vision for the future of social is AR and VR to eliminate the distance between people and allow people to be present despite physical distance

  • Found: Reserves of lithium, critical for EV batteries near Bengaluru

    Researchers at the Atomic Minerals Directorate have estimated lithium reserves of 14,100 tonnes in a patch of land surveyed in Mandya, 100 km from Bengaluru. The quantity, though is quite small compared to what China produces (8.6 million tonnes).

    India currently imports all its lithium needs. It imported lithium batteries worth $1.2 billion in fiscal 2019, up from $384 million in FY17.

  • Quikr valuation down by 45%

    Quikr valuation is down by 45% to about $570 million from more than $1 billion as of September 2019 by Kinnevik, the Swedish investment firm.

    Kinnevik notes that the reduction in Quikr’s worth is due to the company “reducing its footprint”. Additionally, it changed methodology of valuation from discounted cash flows to net revenue multiples “linked to the trading of its publicly listed peers”, besides the fraud, Kinnevik executives said in an analyst call.

  • The North Star Playbook That Is A Must Read For Every Product Manager

    The North Star framework calls for the defining of a single, core and meaningful metric along with a handful of contributing inputs which have a bearing on it.

    Sean Ellis says it is the crucial metric that “best captures the core value your product delivers to customers”. 

  • OYO Reports $335mn loss; $951mn Revenue

    Oyo has reported consolidated loss of $335 million for FY 2018-19 (it was $50.5 million in the previous fiscal).

    China and other international markets contributed  about 75% – $252 million – to the overall loss recorded by OYO. The good news is that consolidated revenue has gone up from $211mn last FY to $951mn (India ops contributed $604mn).

  • The 10 Customer Success Metrics That Actually Matter

    Companies are now moving away from being totally focused only on numbers like the total number of tickets closed in customer support. Many of these metrics have made way for a new holistic way of looking at customer ‘success’.

    One that is more obsessed with maintaining and strengthening relationships with customers rather than activity-based metrics.

  • How to delegate: Richard Branson shares his learnings

    1. Identify your strengths and weaknesses.

    2. Do the same for your business as a whole

    3. Use your findings to guide recruitment and evaluate your existing team.

    4. Shift the hierarchy and establish a company culture where every idea is welcome, communicationis open and collaboration is embedded in every decision.

    5. Now that you have established a loyal and trustful team with talent in the right places, you can sit back and start looking at the big picture.

  • A Leader’s Guide to Implementing OKRs

    Objectives & Key Results (OKRs), the goal-setting framework, has gained a lot of popularity over the past few years but for some Product Managers – new and old – it remains an area of confusion.

    In this article, Sachin Rekhi, founder and CEO @ Notejoy, provides a great rundown on how OKRs should be implemented and provides a bunch of best practices that need to be followed.

  • How Product Management And Innovation Jobs Are Being Revolutionized

    As more and more companies deeply integrate AI into their development process, it has become the need of the hour for Product Managers to evolve and leverage this change to improve extraction of consumer insights, speed to market and testing of new ideas.

    How should Product Managers deal with this change?

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