Remove Business Model Remove Churn Rate Remove Entrepreneur 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. The next two entrepreneurs run a wine tasting cruise business. Much of the money went into buying inventory, and a founder with around 40% owernship is still highly motivated to see the company succeed.