Big Picture-Macro View

What the greatest technology investors say about the Big Picture-Macro View

 

Only 2 Numbers to Know for Internet Businesses

Howard Morgan Partner First Round Capital

“[] If you have a business that's based around the internet, basically only two numbers we need to know: What's the cost to acquire a customer? What's the lifetime customer value? If the lifetime customer value is higher the than cost to acquire: you've got a business. If it isn't: you don't.”   Howard Morgan,  Only two numbers matter;  http://videos.gust.com/video/Only-two-numbers-matter;recently_viewed