Tim DraperFounder and Managing Partne, Draper Associate · I back the ideas that look crazy first

Seeing things from the Investors Point of View 👀 #shorts

13 May 2024 · 1 min

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This content was created by Tim Draper. This content was uploaded by Tim Draper. This is a YouTube short titled "Seeing things from the Investors Point of View 👀 #shorts" (posted 2024-05-13). It contains a brief dialogue between two unnamed speakers discussing unit economics — a 1% commission on roughly $500,000 annual sales per user — questions about who the customer is, and concerns that the team is "lost" in product work and needs to adopt an investor's viewpoint.

Our revenue actually comes from a 1% commission. So if I was to give you unit economics, for every one user who does about $500,000 of sales annually, we take a 1% commission.
Who is that one customer and why are they using your service?
Basically for every one user.
Right, it says one user.
Right, yeah, it's one user. So I'm just giving you unit economics. We are so lost in our product, we're so lost in our work, we're so lost in our ways of doing things. We need to see from the investor's point of view what exactly is it that they're expecting.