Bill Gurley Quotes
Many consumer Internet business executives are loyalists of the Lifetime Value model, often referred to as the LTV model or formula. Lifetime value is the net present value of the profit stream of a customer.
Citations
Gurley, Bill. "The Dangerous Seduction of the Lifetime Value (LTV) Formula." Above the Crowd, 21 Aug. 2012.
Related Quotes
John William Gurley, CFA is a general partner at Benchmark, a Silicon Valley venture capital firm in Menlo Park, California. He is listed consistently on the Forbes Midas List and is considered one of technology’s top dealmakers.