Subject category:
Entrepreneurship
Published by:
Stanford Business School
Version: 18/12/2015
Revision date: 30-Sep-2016
Length: 16 pages
Data source: Field research
Abstract
This case explores the Branch Metrics' cofounders' early days as a team and their pursuit of a viable idea for their start-up. The three original cofounders, who met in business school, transformed their business concept entirely several times before finding the idea for Branch Metrics. Starting with a fitness collar for dogs, then starting over with developing a mobile application for low-cost, high-quality photobooks, and ultimately developing a deep app linking solution for mobile developers, the team experienced multiple setbacks and product failures in their first two years as a team. The case explores the lessons learned through these failures, including how to find product-market fit, staying together as a team, maintaining investor relationships, facing burnout, and having difficult conversations.
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Abstract
This case explores the Branch Metrics' cofounders' early days as a team and their pursuit of a viable idea for their start-up. The three original cofounders, who met in business school, transformed their business concept entirely several times before finding the idea for Branch Metrics. Starting with a fitness collar for dogs, then starting over with developing a mobile application for low-cost, high-quality photobooks, and ultimately developing a deep app linking solution for mobile developers, the team experienced multiple setbacks and product failures in their first two years as a team. The case explores the lessons learned through these failures, including how to find product-market fit, staying together as a team, maintaining investor relationships, facing burnout, and having difficult conversations.
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