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0 pointspdmfz5y ago0 comments

Agreed but what is noticeable is how much greater the losses are this year (with still three months to go).

2018: $97.2m

2019: $86.0m

2020: $203.2m

0 comments

rdlecler15y ago

If LTV >> CaC then spend.

disgruntledphd25y ago

Assuming your LTV calculations are correct, then this will work out.

LTV models are really, really hard to get right though, and I've seen a bunch of startups go bust because of getting this wrong.

vasco5y ago

By now they have LTV metrics by cohort surely, no need to model things out in the dark

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darkwizard425y ago

While in a vacuum larger losses aren't painting the full picture, but then if you take their revenue growth only increasing by 70% into context it looks even worse!

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