Why it worked
The creator shares insights on user retention, a critical metric for startups, framing it as a valuable piece of advice for founders. The discussion is framed around a common challenge in the tech industry, making it relatable and informative.
Summary
The speaker discusses user retention for a product, noting that while initial retention was poor, users who did stick with it showed increased usage over time. Having any retention at all is considered a good sign, with even a 5% retention rate being acceptable.
Structure
- 1Low initial user retention
- 2Users who stayed showed increased usage
- 3Any retention is a positive sign
- 45% retention is acceptable
- 5Default is zero retention
Call to action
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On-screen text
Very few of the users. This is back when the model was really bad.
Very few of the users, uh,
actually stuck with it. Retention was atrocious.
But for the users that did retain,
they. Their usage, like,
increased over time. You
have a product that has
any retention at all,
you're actually in really good shape.
If it's 5%, that can be
totally fine.
the default is almost
always all the way down,
straight line to zero.