The Metric that Matters for Startups in 2016
Tom Tunguz
JANUARY 14, 2016
To sustain these growth rates, startups like these require lots of cash because of the customer acquisition payback period, and the more tenuous ones need capital to prove the business model actually works at scale. Imagine regional taxi services, 4 in the US, each with a different app, different labor pools, different terms.
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