Hindsight Bias
A cognitive bias where people perceive past events as having been more predictable than they actually were.
A cognitive bias where people perceive past events as having been more predictable than they actually were.
Build-Measure-Learn (BML) is a feedback loop used in Lean Startup methodology where a product is built, its performance is measured, and learnings are used to make improvements.
The process of evaluating a product by testing it with real users to gather feedback and identify usability issues.
The process of quickly creating a preliminary version of a product to test and validate ideas before full-scale development.
A structured evaluation process where a product's design, functionality, and user experience are assessed, often by peers or experts.
Product Advisory Council (PAC) is a group of customers, industry experts, and stakeholders who provide feedback and guidance on a company's product strategy and development.
The set of shared values, practices, and goals that characterize a startup company.
Conversations with key stakeholders to gather insights, expectations, and feedback, ensuring their needs are understood and considered in the project.
Net Promoter Score (NPS) is a metric used to measure customer loyalty and satisfaction based on their likelihood to recommend a product or service to others.