What I read/spoke/listened to this week (week of 2/13/2023)
What I read
- Top quartile apps perform 3-14x better than the bottom quartile of apps
- For apps with trials, 3.7% of app downloads start a trial and 38% of those trials convert to paid subscribers
- Less than 2% of app downloads convert to paid subscribers
- If you can get users past the first renewal period, they’re more likely to stick around for the long haul
- Retention rates aren’t about the subscription duration, but the quality of your app.
How to Design An Offer Process from General Partner venture fund by Tina Tian
There are five key milestones you should always be thinking about when designing an offer process. They are:
- Closing candidates throughout interviews
- Strategically preparing an offer
- Delivering an offer while maintaining negotiating power
- Delivering the final offer
- Keeping a candidate engaged before they onboard
Playing Catch-Up With AWS, Google Makes Progress With Data Center Chips
- Google fell behind rival Amazon in custom chips for data center servers, it developed a Marvell-based chip in case the fully custom one fails and likely spends more than $15 billion annually to maintain servers.
TikTok Turns to New Tactics to Spur Growth as Boom Times End
- A new TikTok feature could let creators charge fans $1 for paywalled video
HR software revenue even increases during layoff
A slashed valuation drugs delivery subscription companies
Article from Scientific American about the chemical health risk from the Ohio train detail accident
What I listened to
E116 of All-in podcast, especially the section talking about FTC Chair Lina Khan and rewriting Section 230
Didn't have talking videos this week, but I'm preparing a podcast, stay tuned!
Enjoy the weekend!
