consumer apps
2 statements across 2 episodes · 1 bullish · 1 bearish · 2 people on the record · first statement Oct 18, 2023 by Kinzie Lux · across every show →
Everything said about consumer apps, oldest first
Oct 18, 2023 bullish
Ride IQ claims 42% 12-month retention, double the consumer app median
“Our one-month retention is 84%, our three-month retention is 67%, and our twelve-month retention is 42%, and I'll note that normal consumer apps that are subscription-based the twelve-month retention is 21% is the median, so we are double that.”
Mar 3, 2025 negative
Yin: Early-Stage VCs Rarely Fund Consumer Apps Without Exceptional Retention
“So first off, I think even in a world without COVID for a consumer app like this, I think VCs are very cautious just in general for consumer apps. There are only a handful of VCs that want to do them at an early stage. And I think in particular, when VCs do in…”