burn multiple
2 statements across 1 episodes · 0 bullish · 0 bearish · 1 people on the record · first statement Apr 11, 2024 by Todd Jackson · across every show →
Everything said about burn multiple, oldest first
Apr 11, 2024
Jackson: Strong PMF requires >60% gross margin, <10% churn, and >110% NRR
“So like, you know, we're talking about our gross margin needs to be above 60%, hopefully above 70%. Our burn multiple is now below three, right? Like ideally we're in like the, ideally we're like close to one, right? Burn multiple, like in the one to three zon…”
Apr 11, 2024
Jackson: Early-stage startups should ignore burn multiple, gross margin, and NRR
“And then there are metrics to track efficiency, right? Things like burn multiple, gross margin, NRR, all of these things. They're all of them are just like not applicable at this stage. It's too early and you shouldn't be worrying about that stuff.”