Actual data and trends matter at seed Engagement Customer Love DAUs/WAUs/MAUs Organic growth Frequency of use Reference accounts 
 30d/90d/120d Retention Super-fans/addicted users Lengths of sessions Sings of love (posts/emails…) 27 LAUNCH 2019 Pear

Seed Financing Landscape - Page 27 Seed Financing Landscape Page 26 Page 28