The Characteristics of a Billion Dollar Consumer Hardware Startup
Tomasz Tunguz
JULY 6, 2014
Founded in 2004, GoPro is about 10 years old and during the past few years has witnessed spectacular growth. SaaS companies have been telling the market that the long lifetime values of subscription customers enables higher spending to achieve higher growth. In other words, how many revenue dollars did one invested VC dollar create.
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