AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
3min chapter
S2 E9: Why Everyone Prefers Predictability / That Last Knockout Punch / How Gift Cards Keep Giving
Limited Supply
How to Build a Customer Acquisition Business in Excel
A lot of the early direct to consumer companies raised too much capital. The first KPIs have a lot of money in the bank so that you can then go acquire customers even at an unrealistic price. It was almost this like achievement of, oh, I could get a 10 million valuation or 20 or 30 and people would go raise at these ridiculous valuations. That was one kind of mistake that I think maybe not mistake, but it's like it was a bubble that was going to burst at some point.
00:00
Transcript
Episode notes
Get the Snipd
podcast app
Unlock the knowledge in podcasts with the podcast player of the future.
AI-powered
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode
Save any
moment
Hear something you like? Tap your headphones to save it with AI-generated key takeaways
Share
& Export
Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more
AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode