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Pivoting with limited data

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The kaChing team is quick to note that because they’re still closing-in on product/market fit, they’re less data-driven than they plan to be once they’re in optimizing mode. “We create hypotheses, and test them,” says Rachleff. “If something fails, we cut it off. If something seems to succeed, we pursue it aggressively. You have to have the courage of your convictions. With limited data, you have to make tough decisions.”

via Lessons Learned: Case Study: kaChing, Anatomy of a Pivot.

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Written by John Gannon

August 9, 2010 at 9:13 pm

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