This post is part of my series, where I will be writing five days a week on top 3 things I am learning related to VC, startups, social media, etc.,
May 18, 2017
An Idiom that is used to describe a product. Vitamin = “Nice to have not need to have.” An example would be a feature on the platform. Painkiller = Helping customers reduce costs or increase their revenue.
Average Rate of Return: Return of a company based on initial investment. A company’s profitability. This is calculated by dividing average return during a period by average investment.
Prairie County in Montana has 82.95 drone registrants per 10,000 residents. That’s more than any county in US. There are a total of 667,637 drones registered in the US as of February 14, 2017.
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