Recent LTV post by David Skok

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I had the pleasure of being a board observer to a company that had David Skok on the board. He is a pretty amazing operator turned VC, and his most recent post on LTV is just great.

For some reason, a lot of entrepreneurs forget to use gross margin when calculating long term value of a customer. David’s formula is pretty clear on how to use churn rate, gross margin and of course revenue to calculate LTV. Check it out!