Smart orthopedic startups use metrics to monitor the health of their business.
Below are 11 useful metrics that software startups use.
How many metrics from these 11 is your company using today ?
1/ Runway:
A startup dies without capital.
Your runway is how many months you have left alive.
It becomes harder to raise from VCs if you have under 12 months of runway.
Runway = cash in the bank / monthly burn
2/ Product-Market Fit Score:
Ask your users how disappointed they'd be if they couldn't use your product next time.
If 40% or more say "very" then you're likely reaching PMF.
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