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The Tim Ferriss Show cover image

#486: Harley Finkelstein — Tactics and Strategies from Shopify, The Future of Retail, and More

The Tim Ferriss Show

NOTE

The Ten Laws of SaaS Businesses and Venture Capital Investmen

The white paper on the ten laws of SaaS businesses provided essential nomenclature like monthly recurring revenue, ARPU, and customer lifetime value, along with calculations to assess business health. It facilitated a deep understanding of the business by a venture firm, paving the way for successful investment. The proactive approach of investors like Bessamer and First Mark Capital, who physically showed up and actively engaged, proved pivotal in securing funding. Additionally, the strategic connections made by investors, such as introducing the company to Rovio for testing scalability, highlighted the value beyond just financial investment.

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