VC Cafe
FEBRUARY 21, 2023
Understanding the benchmarks on conversion, retention, and churn for your business is therefore critical. Retention : The percentage of customers who continue to use a product or service after a certain period of time, typically measured over weeks, months, or years. The benchmarks are based on the US market.
View from Seed
OCTOBER 24, 2019
Experienced founders: B2B. For an experienced founder building in B2B, the round to skip is the pre-seed. The reason is that b2b fundraising is largely driven by data and metrics, and pre-seed dollars usually don’t get you to many meaningful data points.
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Mucker Lab
AUGUST 27, 2014
If you took a random sample of 100 entrepreneurs here in LA, over 50% might not be able to tell you how to technically calculate 90-day cohort retention or how to build a cash flow statement. I regularly come across companies who happen to have the #1 paid app in the App Store fly under the radar for years before raising venture capital.
David Teten
DECEMBER 16, 2015
For early stage companies, the metrics that matter might typically center around activation, engagement and retention. ff Venture Capital portfolio company. For further reading: How To Build A Metrics-Driven Company. The Complete Quantitative Guide To Judging Your Startup. Posted earlier at Techcrunch.).
VC Cafe
JULY 26, 2020
“After the crash, venture capital was scarce to non-existent. With the risk of sounding too conservative, what matters for startups now, as venture capital becomes less available and consumer spending tightens, is adaptation and survival. In fact, they were screaming at them to dramatically reduce their burn rates.
Steve Blank
APRIL 1, 2020
B2B – cloud services, online meetings, virtual workforce management, collaboration tools. How can you shift focus to customer retention versus acquisition? Are there parts of your supply chain that can be repurposed? What about parts of your manufacturing lines? Your CFO now becomes the head of cash management.
VC Cafe
SEPTEMBER 26, 2022
It doesn’t matter if your company is B2B or B2C, as Y Combinator puts it, you need to build stuff people want, and obsess about making it as user friendly, friction free and smooth as possible. 2021 gave us plenty of examples for bad governance in both startups and venture capital. Bill Gates , founder of Microsoft.
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