Remove Churn Rate Remove Cost Remove Startup Remove Viral
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The only 2 ways to build a $100 million business

Version One Ventures

Your business has a high viral co-efficient (or perhaps even a network effect) that lets you amass users cheaply without worrying too much about the monetization per user or spending money on paid acquisition. In addition, churn tends to rise as a company grows. High LTV can usually be found in transactional or subscription businesses.

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Acquire New Users by Adding Growth Hacking to your Marketing Strategy

ConversionXL

Startups need to survive and thrive on a shoestring budget, which is why it’s based on rapid experimentation. Neither would have achieved virality had customers not received something tangible for their efforts. Why do people think growth hacking in marketing is controversial? Growth marketing was born out of necessity. Activation.

Retention 113
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Why Metrics Get Worse With Scale

Seeing Both Sides

Conventional wisdom suggests that the most important metrics for a startup - such as unit economics, cost of acquisition, lifetime value, churn rates - typically get better with time. The topic of scaling startups is one that I enjoy thinking, living and writing about (most recently, Scaling the Chasm ).

Metrics 20
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The Lean Analytics Cycle: Metrics > Hypothesis > Experiment > Act

Occam's Razor

The cycle combines concepts from the world of Lean Startup — which is all about continuous, iterative improvement — with analytics fundamentals. If it's the number of people buying, the metric is conversion rate. If it's the number of invites sent, it's virality. Building shipping costs into a purchase.

Metrics 156
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VCs eating our own dog food: Using technology and analytics to make better investments

David Teten

See Bessemer Venture Partners’ A comprehensive guide to security for startups. Data companies focused on early-stage startups include Aingel , fundsUP , Preseries , PredictLeads , and Sploda. For more on gathering data and using it to assess companies, see How to Assess Startups Using Machine Learning. 2) Market .

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Lean Analytics

Startup Lessons Learned

If you're working on the Sticky Engine of Growth , you're focused on very different metrics from those that you care about in the Viral Engine of Growth. Here's what they have to say about churn rates in SaaS businesses: The best SaaS sites or applications usually have churn ranging from 1.5% to 3% a month.

Analytics 167
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How to create a profitable Freemium startup (spreadsheet model included!)

andrewchenblog.com

Check out my list of featured essays How to create a profitable Freemium startup (spreadsheet model included!) For freemium businesses, particularly ones that are social apps, there’s often a word of mouth or viral component, which we’ll cover in a second. Andrew Chen New here?

CPA 51