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by ajamesm 3588 days ago
Change $190 to $500k and I think you just described venture capitalism!
1 comments

But without the instant feedback and athleticism, which is why millennials aren't venture capitalists. That, and most don't have $500k.
"User acquisition cost" refers to the average amount a company spends on marketing to acquire one new user. It does not mean the price a user pays to sign up.