Quantitative metrics also play a huge role in managing risk. Your customer acquisition costs need to be lower than a customer's lifetime value to ensure profitability and sustainable growth. You can't be hemorrhaging money trying to attract users to an ill-fitting product. But the quest for p...
She gave birth to her second baby in the back seat; when she finally arrived at the hospital, she was hemorrhaging, but recovered after a few days. Because of the time saved with the ambulance taxi service, which has been likened to an "Uber for emergencies," Consolata and her twins ...
All things considered, I thought this was a great place to stop (i.e. time to stop hemorrhaging money) given how much I’d learned along the way about how to better create a productnext time. As my dad put it to me a couple of years later, this was a more valuable learning experi...