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Miguel De Vega

The Scientific Approach to Measuring Startup Progress (Part 1/2)

The Scientific Approach to Measuring Startup Progress (Part 1/2)

The World of High Tech Startups ― Let us recall the toy example from our previous post: ∙ We want to find out if introducing a new feature in our product or web page will improve a given metric, like the number of clicks on a certain button.Let's call N1 and N2 the number of button clicks per unit of time before and after deploying the new feature. The naive approach to measuring progress in this example is to directly compare m1 and m2, the number of clicks measured during a period of time of length T before and after [...].

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