Traction
Traction demonstrates a startup`s progress and market acceptance through metrics such as user growth, revenue, and customer engagement, crucial for attracting further investment and partnerships.
Benefits
Traction shows market demand, helping to attract additional investment.
Frequently Asked Questions
What are the metrics for traction?
Traction metrics include user growth, revenue, customer loyalty, and engagement levels.
How would you describe startup traction?
Startup traction refers to the measurable progress and momentum a startup gains in user growth, revenue, and market presence.
What is the traction of progress?
Traction of progress means measurable signs of a startup`s growth, like gaining customers, making revenue, or penetrating the market.
Key Takeaway
Traction shows market demand and helps attract additional investment opportunities.