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A comment on Ask HN: Do social media apps need to have 1M users to fundraise?.
Depends on DAU, MAU, time spent per day on app, estimated CAC and projected LTV
I'm sure a niche social media app with LTV of $10k/user but only 5k users could raise money easily
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Depends on DAU, MAU, time spent per day on app, estimated CAC and projected LTV
I'm sure a niche social media app with LTV of $10k/user but only 5k users could raise money easily