The Riskiest Venture-Backed Startups Are 3H’s: High Growth, High Churn and High Burn
SaaStr
MARCH 8, 2024
Don’t disguise it in growth and/or venture capital. They weren’t a 3H startup. SaaS + hardware, SaaS + payments, etc. Rag & Bone is selling to Guess $GES for $56m on ~$250m of revenue. That means you can probably fix this situation — if you act soon enough: Relentlessly attack churn.
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