sourcery
@sourceryy
USV GP Mike Mignano (@mignano) reacts to his old take:
“ARR is a fake metric.”
“It's easier than ever before to get somebody to pay for a product via subscription without knowing if they actually like that product.”
“A lot of the subscription plans are annual. A lot of the
“ARR is a fake metric.”
“It's easier than ever before to get somebody to pay for a product via subscription without knowing if they actually like that product.”
“A lot of the subscription plans are annual. A lot of the
1:34sourcery@sourceryy · Apr 22ARR is a fake metric.
@mignano says some companies are "literally just taking yesterday’s subscription rate and multiplying it by 365.”
“It doesn’t say anything about the durability or quality of revenue.”
@mignano says some companies are "literally just taking yesterday’s subscription rate and multiplying it by 365.”
“It doesn’t say anything about the durability or quality of revenue.”
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