Startup Reading List | September 15, 2017 | Read'em. Digest'em. Make it happen.
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| | Marty Spargo "The second box of the salary calculator is where you should enter the return on investment your business sees from marketing dollars spent. 100% return on investment, or ROI, means that for every dollar spent you get $2 back. 200% ROI means you get $3 back for every $1 spent. Some people might better know this metric as their LTV/CAC ratio." | | Fred Wilson "Blockchain technology upends many of our traditional notions of what networked applications look like." | | Tait Brown "But it was after a bit of googling that I discovered Victoria Police had recently undergone a trial of a similar device, and the estimated cost of roll out was somewhere in the vicinity of $86,000,000. One astute commenter pointed out that the $86M cost to fit out 220 vehicles comes in at a rather thirsty $390,909 per vehicle. Surely we can do a bit better than that." | | Seth Levine "At IPO only 7 of 39 companies that have gone publics since 2013 had positive EBITDA. More on this below, but growth is more important than profitability, subject to the balance in the rule of 40 note above." | | | | |
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