Shark Tank Season 4 week 10 breakdown
Lightspeed Venture Partners
NOVEMBER 19, 2012
The company launched six months ago and so far has grown to 110 subscribers, with all customer acquisition coming from PR and referrals. They are seeing an 85% monthly renewal rate. With a 15% churn rate, that suggests about $7 in lifetime value. This business can’t work. They had three stages to their plan.
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