← Essays
ESS-003 Unit Economics

LTV: The Number Founders Lie to Themselves About

Every founder thinks their LTV is higher than it is. Here is how to calculate the honest version.

By Lech Kaniuk 9 min Last updated: April 2026

This essay is a placeholder. Full content coming soon.

LTV: The Number Founders Lie to Themselves About

Every founder thinks their LTV is higher than it is. Here is how to calculate the honest version.

Outline:

  • Introduction: why this question matters for founders
  • Core framework or argument
  • Practical application with examples
  • Common mistakes to avoid
  • Key takeaways

Subscribe to The Sovereign List to be notified when this essay is published.

The Sovereign List

Get essays like this in your inbox. No noise.

The Two Numbers

From the books

This essay is based on content from The Two Numbers.

Read the full chapter →
Share X LinkedIn