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Ann: MIGGSTER achieves 3 million pre-registrations milestone, page-50

  1. 792 Posts.
    lightbulb Created with Sketch. 56
    Looking good from here, lots of upside but some people getting too enthusiastic for the conversion rate imo.
    Dunno if any marketers in here to speak to per-registration conversion rates

    back of napkin ->

    $12 mo x 12 mo x 3million per-registations x 1% conversion = $4,320,000 per 1% conversion rate
    @ P/E 10 = 43m market cap per 1% conversion at net 0 acquisition + attrition from this ann alone...

    ( adjust for your level of enthusiasm as required )
 
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