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Super curious about a bunch of things here: 1. Are those numbers inclusive of Apple taking a 30% cut? 2. You have a $15k per month content budget, but what ab
by ryanwaggoner 9y ago
Super curious about a bunch of things here:
1. Are those numbers inclusive of Apple taking a 30% cut?
2. You have a $15k per month content budget, but what about other overhead? Does the 15k subscriber number for profitability cover that too?
3. How is churn?
4. What's your CAC and LTV?
Most importantly: you talked to dozens of investors, some of them probably smart and experienced. Why did they say they didn't think it would work?
They might be wrong, obviously, but I'd be curious to hear their main objections.