Remove Business Model Remove Churn Rate Remove Design Remove Pre-Money Valuation
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Shark Tank Season 4 week 10 breakdown

Lightspeed Venture Partners

With a 15% churn rate, that suggests about $7 in lifetime value. This business can’t work. They are having a great time and making money, but there isn’t an opportunity for growth and hence a return for a new investor. Daymond had invested in a competitive business previously, so he bowed out.