Remove Churn Rate Remove Networking 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. Even more interesting are businesses that create network effects like marketplaces or social networks.

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Startup Benchmarks

VC Cafe

One question that keeps coming up when speaking with early stage entrepreneurs when it comes to funding, is what metrics the company needs to hit to raise seed/series A/B etc: What’s a good conversion rate? Is my churn rate below the category average? What should our MRR growth be? Consumer apps and services.

B2C 141
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Acquire New Users by Adding Growth Hacking to your Marketing Strategy

ConversionXL

Neither would have achieved virality had customers not received something tangible for their efforts. A person receives an email about an endorsement, they visit the platform to view it, and then they’re nudged to endorse people in their own networks. Instead, they could simply click a link and enter an email address.

Retention 113
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VCs eating our own dog food: Using technology and analytics to make better investments

David Teten

But, most of use raise capital and source deals the same way people looked for dates 20 years ago: by networking at conferences (or bars). . Boardex and Relationship Science make it easier to understand and map social networks into potential limited partners. That’s why 40 million Americans use online dating sites.

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6 User Onboarding Flow Examples (With Critiques)

ConversionXL

First of all, Inbound.org knows that many marketers , their target audience, use Twitter to network with their peers. If your goal is any form of virality , social login is a must, as it increases your Monthly Unique Users (MUU) to Monthly Active Users (MAU), meaning a returning visitor is already in a position to take sharable actions.

Mobile 48
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The Lean Analytics Cycle: Metrics > Hypothesis > Experiment > Act

Occam's Razor

Perhaps it's an increase in your conversion rate; Or a higher number of visitors who sign up; Or a greater number of people who share content with one another; Or a lower monthly churn rate for users of your application; Maybe it's even something as simple as getting more people into your restaurant.

Metrics 157
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How to create a profitable Freemium startup (spreadsheet model included!)

andrewchenblog.com

Now for all the gory details… User acquisition The first tab in the spreadsheet covers the issue of paid user acquisition – many subscription businesses mostly rely on AdWords and ad network buys in order to acquire users. Ad.com 20M 0.10% 20,000 10% 50% 1000 $20,000.00 $20.00

CPA 51