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Description

๐Ÿ“˜ This episode presents a guide to startup metrics, offers insights from ๐Ÿ’ผ venture capital professionals and ๐Ÿš€ startup founders on essential performance indicators for early-stage companies.

It emphasizes the shift from ๐Ÿ“ˆ prioritizing growth at all costs to demonstrating a path towards ๐Ÿ’ฐ profitability and achieving โœ… product-market fit.

The guide breaks down metrics by ๐Ÿงฉ startup stage and ๐Ÿญ industry, providing:

within a framework like the ๐Ÿช AARRR funnel (๐Ÿ” Acquisition, ๐Ÿงช Activation, ๐Ÿ” Retention, ๐Ÿ’ต Revenue, ๐Ÿ“ข Referral).

Key metrics discussed include:

โœจ North Star Metric,

๐Ÿ“ˆ Conversion Rate,

๐Ÿ’ธ CAC (Customer Acquisition Cost),

๐Ÿ“‰ LTV (Lifetime Value),

๐Ÿ”„ Churn Rate,

๐Ÿ“Š MRR (Monthly Recurring Revenue)

with a focus on the importance of ๐Ÿ“ tracking and analyzing data from the outset to make informed ๐Ÿ’ก business decisions and tell a compelling ๐ŸŽฏ story to investors.