Open Startup Report - May '22

Hey all, May has been steady with some signs of growth.

We are just rolling out the new cancellation flow to better understand why customers cancel and reduce future churn. The results of this will be in the next update.

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KPIs

Revenue Growth

50.3% (last 30 days)

Churn Rate

38.03% (April)

Burn Rate

Cash: £219.30

Monthly Expenses: £73.59

Burn Rate: 2.9 months

How can you help

We need help understanding and experimenting with new distribution channels like cold outreach, affiliates, partnerships. None of us are experienced in these things and our current outreach via Twitter is manual and not scalable.