Cobalt Robotics: Paid Growth Is Getting Expensive

Product Management
medium45 min0 submissions
Google
Scenario

Cobalt Robotics's industrial robotics product has grown almost entirely through paid acquisition. That is becoming unsustainable.

Unit economics (monthly):

  • Blended CAC: $886
  • ARPU: $579
  • Gross margin: 70%
  • Monthly churn: 5.8%

Existing referral behaviour:

  • 14% of active users invite at least one other person
  • 10% of those invitations convert to a signup

CAC has risen 36% over 18 months as auction competition increased. The CEO wants a growth model that does not depend on buying every user.

Supporting data

trend

cac increase 18m pct
36

referral

implied k factor
0.014
users inviting pct
14
invite conversion pct
10

unit economics

blended cac
886
arpu monthly
579
estimated ltv
6988
ltv cac ratio
7.89
gross margin pct
70
monthly churn pct
5.8
Your task

Design the growth strategy. Provide:

  1. Analysis — current unit economics, payback period, and the strength of the existing loop.
  2. Risks — of the loop you propose and of continuing as-is.
  3. Recommendation — the specific loop to build and how you would prove it works.
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How you'll be graded

100 points, 60% to pass.

  • loop design25
  • growth model25
  • recommendation25
  • quantitative reasoning25
Hint
Reveal suggested structure
  1. LTV = ARPU × gross margin ÷ churn.
  2. LTV:CAC and payback period = CAC ÷ (ARPU × margin).
  3. K-factor = invite rate × conversion rate. K ≥ 1 is self-sustaining; below that the loop amplifies but does not replace paid.
  4. Identify the loop type — viral, content, or paid-recycled.
  5. Find the weakest step and fix that, rather than adding a new channel.