Vrionis: CAC and LTV metrics are useless in a startup's first 24 months
John Vrionis · 20VC: Unusual Ventures' John Vrionis on Why We Need To Raise The Bar In Venture, Why Taking Multi-Stage Money At Seed Is Not In The Best Interest of Founders & Why To Be The Best, You Have To Specialise To Be The Best · Dec 9, 2019 · at 24:02
John Vrionis, co-founder of Unusual Ventures, argues that multi-stage firm growth metrics do not help seed-stage founders trying to find product-market fit.
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“The growth investors, what they do is they talk about CAC and LTV and unit economics. Look, that stuff is super valuable. It's just not valuable in those first 18 to 24 months when the entrepreneur is trying to turn that idea into something real.”
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