That’s not about Adam Neumann and a16z
Kate Reznykova
August 17, 2022
local news 📰
🇬🇧 UK inflation expectations for the next decade are higher than those of its peers, and over the past year, the Pound has lost 15% against the US Dollar
Above-average inflation pressures in the UK, combined with a history of deficit spending and currency depreciation, make the British pound likely not to be a good store of value for the foreseeable future.
As the pound weakens, imported goods become more expensive, reflecting the higher cost of energy and food. The increase in inflation will cause more economic problems.
The euro is not straightforward. I believe that cash balances in US dollars, Swiss francs or gold in the medium term are likely to be better.
trending 📈
🔥 This summer's hottest remix - LTV to CAC
Customer lifetime value (LTV) estimates the total amount you will earn from a customer before they churn. It's effectively telling you, "If I add up all the deals I do with a client, on average I squeeze a total of [x$] out of them before they bounce."
Well, it all depends on how much you're spending to acquire that customer. For your business to be successful, it is crucial to have a Life Time Value (LTV) that is three to five times your Customer Acquisition Cost (CAC). This is known as LTV to CAC. If the item isn't functioning, it means you're wasting your money and destroying value.
The most common mistake companies make when trying to improve LTV to CAC is that they focus on the short-term. They're so focused on acquiring new customers that they don't think about the long-term value of those customers.
Here are a few things for companies who want to improve LTV to CAC:
Focus on acquiring high-quality customers
Focus on creating a great customer experience
Focus on retention
cash flow 🤑
Jiminny, a UK-headquartered conversation intelligence provider supporting sales teams across the world, has just closed a €16 million Series A funding round
UK-based Patchwork Health raises €24 million to tackle the healthcare staffing crisis
Haystack, a Newcastle-based digital recruitment platform for tech roles, has raised £500,000 in a funding round to fuel its expansion into the US market
London-headquartered Foundy has raised £1.25m for its acquisition marketplace in a funding round led by Fuel Ventures
hot startup jobs🔥
Otrium - devops-engineer
Cohere - senior-product-manager
Humanloop - ML-engineer
Hook - senior-software-engineer
made with ❤️ and 🍷