9 key startup metrics African founders need to focus on when raising capital - Business Insider Africa
7/1/2022 12:00:00 AM2 years 10 months ago
by BI Contributor
by BI Contributor
Nigerian startups raised $1.6 billion in 2021 from Venture Capitalists, and more startups are looking to raise capital to scale their growth & expansion into new markets.
1) Monthly Recurring Revenue (MRR) & Annual Recurring Revenue (ARR): MRR is the expected revenue for your business based on your total subscriptions from customers. To calculate your MRR, multipl… [+4911 chars]
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