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Thank you for a sensible analysis. However, if you're off by an order of magnitude, 4x revenue for a fast-growing startup in a $582B industry seems reasonable [
by panabee 10y ago
Thank you for a sensible analysis. However, if you're off by an order of magnitude, 4x revenue for a fast-growing startup in a $582B industry seems reasonable [1]. The key data point is number of customers.
What's a reasonable ratio for customers to contractors/shoppers? Perhaps we could estimate the number of customers from the number of contractors/shoppers. (Of course, "tens of thousands" may be a lifetime value, not currently active ones.)
[1] https://www.statista.com/statistics/197626/annual-supermarket-and-other-grocery-store-sales-in-the-us-since-1992/ https://www.statista.com/statistics/197626/annual-supermarke...