TechBio KPIs: Is Your Discovery Platform Validated?

Performance metrics are commonplace among tech companies. They allow internal and external stakeholders to understand how well the company is doing in an objective manner. In early-stage <a href="https://medium.com/cantos-ventures/what-is-techbio-ef01cd61834d" rel="noopener">TechBio</a> companies, due to the differences in technologies applied and evidence required to create a successful product, metrics are anything but like-for-like. In SaaS companies, Key Performance Metrics (<a href="https://www.youtube.com/watch?v=RoFzvfP4NEE" rel="noopener ugc nofollow" target="_blank">KPIs</a>) used to track performance include Annual Recurring Revenue (ARR) growth, retention rate and Customer Lifetime Value to Customer Acquisition (LTV:CAC) ratio. These indicators are useful for the CEO and managers to understand what is working and where they should focus their attention. Likewise, for investors performing due diligence, these metrics give a quick insight on how the company is performing against its peers. The caveat is that these are simple heuristics and don’t guarantee the success or failure of a company. Instead, they can be seen as a guiding principle of what a company’s milestones might look like at different stages of its lifecycle. <a href="https://pablolubroth.medium.com/techbio-kpis-is-your-discovery-platform-validated-c686f95105f7">Click Here</a>