magic number

1 statements across 1 episodes · 0 bullish · 1 bearish · 1 people on the record · first statement Sep 13, 2023 by David Sacks · across every show →

Everything said about magic number, oldest first

Sep 13, 2023 negative
Insight
David Sacks: CAC Payback and Magic Number are flawed and easily miscalculated
“What I was seeing in metrics like CAC, is that if the finance team simply misattributed a certain expense, then, like, it would make the CAC Payback look great... Magic number is even the worst version of this. Like, no one knows how to calculate. It was const…”
David Sacks Sep 13, 2023 ▶ 32:55 What the Future of SaaS Holds with David Sacks, Founder & General Partner, Craft Ventures
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