How to calculate the customer lifetime value of your internet business: Use a simple cohort analysis Take e.g. 1000 users that signed up 24 months ago, sum up the total revenue generated by these users, and calculate the average revenue per signup Do the same for users that signed up 12 months and 6 months ago Based…
Tag: Growth
Obsess about growth
Here are two fantastic posts from Y Combinator‘s Sam Altman and Paul Graham. Startup advice, briefly: Basically everything what Sam Altman knows, condensed in a very short and excellent post. Do things that don’t scale: Excellent essay by Paul Graham Key parts: “Listen to what your users tell you, improve your product, and then listen again. Keep…