Top 10 Metrics for Startups ๐ Customer Acquisition Cost (CAC): How much does it cost you to gain a customer? ๐ Lifetime Value (LTV): The total worth of a customer over their entire relationship with your business. ๐ Burn Rate: How quickly are you spending your venture capital? ๐ Churn Rate: The percentage of customers who leave over a given period. ๐ Monthly Recurring Revenue (MRR): The predictable income you can count on each month. ๐ Gross Margin: Revenue minus the cost of goods sold. Are you actually making money? ๐ Conversion Rate: The percentage of visitors who take a desired action. ๐ User Retention Rate: How many users are sticking around? ๐ Active Users: Daily and monthly active users. Are people using your product? ๐ Runway: How long can you keep operating at your current burn rate before the money runs out? Follow for more
Download the medial app to read full posts, comements and news.