Table 6From “What is activation rate? The first value event must be observable”
Activation rate by cohort: what the aggregate number hides
Table 6Activation rate by cohort: what the aggregate number hides
| Cohort view | Keep fixed | Question to ask |
|---|---|---|
| Entry period | Cohort-entry definition and calendar boundary | Did the eligible population change? |
| Event version | First-value event and required properties | Did instrumentation change what counts? |
| Maturity | Full observation window and as-of date | Are later cohorts still incomplete? |
| Operating context | Plan, channel, segment, region, and onboarding stage | Did composition or process change? |
| Later validation | Retention or renewal rule and horizon | Is the later outcome being kept separate? |
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Source: Table from this essay. Sources and interpretation are given in the article.

From the essay
Growth that compounds
What is activation rate? The first value event must be observable
Activation rate is the share of an eligible cohort reaching a declared first-value event inside a fixed window. Define the event first.
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Figure 1Figure
The activation-rate cohort worksheet
What is activation rate? The first value event must be observable

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What is activation rate? The first value event must be observable

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What is activation rate? The first value event must be observable
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