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Podcast: Investor Connect Podcast
Episode: Startup Funding Espresso – Benefits of a Platform-Based Approach
Description: Benefits of a Platform-Based Approach Hello, this is Hall T. Martin with the Startup Funding Espresso -- your daily shot of startup funding and investing. A platform-based approach to your business brings many benefits Platforms make it easier to use a recurring revenue model. Investors appreciate the value of this revenue model. It brings predictability to the forecast and makes it somewhat easier to manage the business and raise funding. With three metrics, cost of acquisition, churn rate, and growth rate you know how well you are doing. There are other benefits to a platform-based approach. By focusing your development on...