Customer Churn

topic on 4 shows · 6 statements across 5 episodes

Founder's Journal Startups For the Rest of Us Top Founders 20VC

6 statements about Customer Churn, every show

Scaling Ad Spend Exhausts Top-Tier Customers and Forces Higher Churn
“And as you spend more and more money to acquire customers, you are going to exhaust The best quality customers, which means you're going to either have to pay more to find good quality customers, or you're going to acquire lower quality customers who are going…”
Alex Lieberman Mar 13, 2024 ▶ 14:35 The Dangers of LTV
20VC Insight
Jiménez: Combine qualitative signals with usage data to spot churn risk
“Take that information, marry it with the customer data. If both are down, that's a signal that you could be stepping into an area of risk.”
Lori Jiménez Aug 2, 2023 ▶ 47:45 Lori Jiménez: How to Increase Sales; Hiring Tips from Google; Best Way to Grow Sales Teams | E1043 · 20VC with Harry Stebbings
TOP FOUNDERS Assertion Not checkable as stated
Luis: Casebook has experienced only one churned customer
“Our churn numbers are ridiculously low in that we've had one customer turnout. And that was because the organization we were dealing with actually ran out of money. And so it couldn't pay us anymore.”
Tristan Luis Oct 14, 2021 ▶ 5:23 Case Management Software Hits $200k MRR Bootstrapped, Now Raising
Walling: Revenue churn indicates business health far better than customer churn
“You can look at customer churn and it's interesting, but it's not nearly as accurate, I'll say, to your business health as revenue churn is.”
Rob Walling Apr 28, 2020 ▶ 6:21 Episode 494 | A Bluetick Update From Mike Taber
TOP FOUNDERS Assertion Not checkable as stated
Hotjar's net churn is half its gross churn due to expansion
“Our net churn, that is like half our customer churn. So essentially what's happening is we're dropping the smaller customers, but we are retaining and expanding the bigger customers.”
David Darmanin Feb 2, 2017 ▶ 10:57 EP 558: 2 yr Old HotJar Passes $500k MRR Helping 10,000 Customers See What Website Visitors Are Doing with CEO David Darmanin
TOP FOUNDERS Assertion Not checkable as stated
Hotjar's monthly customer churn rate is slightly over 5%
“So let's say the customer churn is just slightly over five, right?”
David Darmanin Feb 2, 2017 ▶ 11:27 EP 558: 2 yr Old HotJar Passes $500k MRR Helping 10,000 Customers See What Website Visitors Are Doing with CEO David Darmanin

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