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Tobias "Tobi" Konitzer

๐Ÿ‘ค Speaker
430 total appearances

Appearances Over Time

Podcast Appearances

Code Story: Insights from Startup Tech Leaders
S12 Bonus: Tobias "Tobi" Konitzer, Growthloop

You're paying real money with this 50-50 split.

Code Story: Insights from Startup Tech Leaders
S12 Bonus: Tobias "Tobi" Konitzer, Growthloop

Because you're withholding the good treatment that you know is going to lift the damn thing by 10%.

Code Story: Insights from Startup Tech Leaders
S12 Bonus: Tobias "Tobi" Konitzer, Growthloop

You're withholding that from 50% of your people in perpetuity.

Code Story: Insights from Startup Tech Leaders
S12 Bonus: Tobias "Tobi" Konitzer, Growthloop

So how can you get away with a split that still gets you to stat sick while also maximizing the ROI from the experiment?

Code Story: Insights from Startup Tech Leaders
S12 Bonus: Tobias "Tobi" Konitzer, Growthloop

Maybe it's a 1090 split.

Code Story: Insights from Startup Tech Leaders
S12 Bonus: Tobias "Tobi" Konitzer, Growthloop

Maybe it's a 991 split.

Code Story: Insights from Startup Tech Leaders
S12 Bonus: Tobias "Tobi" Konitzer, Growthloop

But in order to do that forecasting, you need to see all the data.

Code Story: Insights from Startup Tech Leaders
S12 Bonus: Tobias "Tobi" Konitzer, Growthloop

Guess what?

Code Story: Insights from Startup Tech Leaders
S12 Bonus: Tobias "Tobi" Konitzer, Growthloop

We're the only player that sees all the data.

Code Story: Insights from Startup Tech Leaders
S12 Bonus: Tobias "Tobi" Konitzer, Growthloop

That was one pull.

Code Story: Insights from Startup Tech Leaders
S12 Bonus: Tobias "Tobi" Konitzer, Growthloop

The other pull is what we call always-on measurement, which is...

Code Story: Insights from Startup Tech Leaders
S12 Bonus: Tobias "Tobi" Konitzer, Growthloop

The marketing conundrum.

Code Story: Insights from Startup Tech Leaders
S12 Bonus: Tobias "Tobi" Konitzer, Growthloop

It's related, but different.

Code Story: Insights from Startup Tech Leaders
S12 Bonus: Tobias "Tobi" Konitzer, Growthloop

So you run an experiment, you observe the winner, right?

Code Story: Insights from Startup Tech Leaders
S12 Bonus: Tobias "Tobi" Konitzer, Growthloop

One condition is clearly winning on the metric that you care about.

Code Story: Insights from Startup Tech Leaders
S12 Bonus: Tobias "Tobi" Konitzer, Growthloop

Scale it up, right?

Code Story: Insights from Startup Tech Leaders
S12 Bonus: Tobias "Tobi" Konitzer, Growthloop

Bam, 100% of the traffic to this thing.

Code Story: Insights from Startup Tech Leaders
S12 Bonus: Tobias "Tobi" Konitzer, Growthloop

Okay, but now you can't measure ROI anymore.

Code Story: Insights from Startup Tech Leaders
S12 Bonus: Tobias "Tobi" Konitzer, Growthloop

So now your new boss comes in two years later and says, you know what, Noah, you've done this thing two years ago.

Code Story: Insights from Startup Tech Leaders
S12 Bonus: Tobias "Tobi" Konitzer, Growthloop

You told everybody, I found your PowerPoint slides, right?