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by pkmehta
4789 days ago
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Revenue is a vanity metric. That's a new one. This seems like an interesting way to justify shortcomings of dmor's momentum index. So: - Mentions in TechCrunch > Revenue
- Conference presentations by CEO > Revenue
- Klout score > Revenue This is some combination of naive, farcical or dumb. Of course, you can throw out Facebook as an example of what over-optimizing for revenue would have done to them but this is survivor bias at its best. You could also look at Pets.com, Webvan and Kozmo from a bygone era to see what a poor monetization plan does. Note: it's not just revenue that is important but revenue > COGs. (Note: Yes I know. This time is different. I'm an idiot.) |
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