North Star Metric: Meaning and 59 Real Examples
A north star metric is the one number a company picks to measure the value its product delivers, because when it grows, the business grows. Airbnb's is “nights booked”; Slack's is “number of paid teams”. Below are the north star metrics of 59 companies, each linked to where the company, or someone who worked there, said it.
- Companies
- 59
- Each metric linked to its source
- Count people or customers
- 47%
- Active, paying or transacting
- Lead with revenue or margins
- 11
- 16 more track revenue next to usage
- Companies researched
- 106
- 47 left out: no source we could link
What is a north star metric?
A north star metric is the single measure a company uses to tell whether it's delivering value to its customers, and so whether it's on course to grow. Like the star sailors steered by, it gives every team the same direction: they pick the work that moves it and drop the work that doesn't.
How a north star metric aligns every department
Each team owns an input metric it can move with its own work. Together the inputs move the north star, and revenue follows. An illustration for a SaaS product whose north star is weekly active teams.
- MarketingOwns the inputSign-ups from target companiesCampaigns, content, SEO
- SalesOwns the inputNew teams on paid plansDemos, trials, expansion deals
- ProductOwns the inputTeams active in their first weekOnboarding, invites, templates
- EngineeringOwns the inputLoad time and uptimePerformance and reliability work
- Customer successOwns the inputTeams still active after 90 daysOnboarding calls, health checks
In Amplitude's framing, a good one does three things:
- It reflects the value customers get. Airbnb counts nights booked, not searches: a booked night is a guest who found a place and a host who earned money.
- It represents the product strategy. Read Miro's “collaborative boards” and you know its growth depends on boards spreading between colleagues.
- It leads revenue instead of being revenue. Revenue says what already happened; the north star moves first.
Most companies pick it once they have product-market fit. Before that, Lenny Rachitsky advises tracking cohort retention: whether the people who try the product keep using it.
North star metric examples from 59 companies
Every metric below links to its source: the company's own blog, filing or talk, a post by someone who worked there, or Lenny Rachitsky's 2021 survey of employees at 40+ growth-stage companies, published by a16z. We researched 106 companies; the 47 without a source we could link aren't here. North stars change, so each row shows when it was said.
B2B SaaS north star metric examples
Work software mostly counts people or teams, active or paying: 12 of these 19. Products that spread by sharing, like Loom and Miro, count what gets shared instead.
| Company | North star metric | What it counts | Who said it |
|---|---|---|---|
| Weekly paid usersWith ARR | Users on paid plans, counted week by week. | Lenny Rachitsky's survey of employeesSurvey · Jun 2021 | |
| Weekly learning users (WLU)With revenue growthEarlier: weekly querying users (2019) | Active users who share an analysis (a chart, dashboard or notebook) that at least two other people view within the same seven days.Inputs: activated accounts, broadcasted learnings, consumption of learnings | Justin Bauer, VP of Product, AmplitudeCompany blog · Feb 2019 | |
| Weekly active paid users | Users on paid plans who are active in a given week. | Lenny Rachitsky's survey of employeesSurvey · Jun 2021 | |
| Happy active users | — | Georgia Vidler, Former head of product, CanvaPodcast · Mar 2021 | |
| DAU14With revenue growth | — | Lenny Rachitsky's survey of employeesSurvey · Jun 2021 | |
| Successful transactions | Documents that customers take all the way to completion through DocuSign. | Drew Ashlock, Senior Product Manager, DocuSignInterview · 2016 | |
| Teams using Dropbox BusinessEarlier: monthly active users | Teams on Dropbox's paid business plans. | Lenny Rachitsky's survey of employeesSurvey · Jun 2021 | |
| Market shareWith revenue growth | Figma's share of the design tool market. | Lenny Rachitsky's survey of employeesSurvey · Jun 2021 | |
| Weekly active users (WAU)Earlier: weekly active teams (2018) | People who use HubSpot in a given week. | Lenny Rachitsky's survey of employeesSurvey · Jun 2021 | |
| Paid enabled usersWith monthly active users | Users enabled on paid Jira licences. | Lenny Rachitsky's survey of employeesSurvey · Jun 2021 | |
| Videos with a view | Recorded videos that at least one person watches. | Lenny Rachitsky's survey of employeesSurvey · Jun 2021 | |
| Collaborative boards | Boards that more than one person works on. | Lenny Rachitsky's survey of employeesSurvey · Jun 2021 | |
| Revenue growth | How fast revenue grows. | Lenny Rachitsky's survey of employeesSurvey · Jun 2021 | |
| Active merchantsWith GMV | Merchants actively selling on Shopify. | Lenny Rachitsky's survey of employeesSurvey · Jun 2021 | |
| Number of paid teamsWith number of successful teams | Teams on a paid Slack plan. | Lenny Rachitsky's survey of employeesSurvey · Jun 2021 | |
| Delighted rate and NPSWith ARREarlier: very disappointed percentage (2018) | How many users say they're delighted with the product, alongside Net Promoter Score. | Lenny Rachitsky's survey of employeesSurvey · Jun 2021 | |
| Annual recurring revenue (ARR) | Recurring subscription revenue expressed as a yearly run rate. | David Apple, Vice President, Customer Success, TypeformInterview · 2018 | |
| Trials that embed the code and onboard 20% | Share of free-trial accounts that have installed UserGuiding's JavaScript snippet on their site and used it to onboard at least a fifth of their own users. | Mert Aktas, Head of Marketing, UserGuidingForum reply · 2020 | |
| Number of paid subscribersWith ARR | Customers on a paid Webflow plan. | Lenny Rachitsky's survey of employeesSurvey · Jun 2021 |
Developer tool north star metric examples
Developer platforms mostly count usage: the work developers run through them, such as deployments, messages or insights. GitLab is the exception, with revenue.
| Company | North star metric | What it counts | Who said it |
|---|---|---|---|
| Monthly active users (MAU)With ARR | People who use GitHub in a given month. | Lenny Rachitsky's survey of employeesSurvey · Jun 2021 | |
| Run-rate revenueEarlier: net ARR vs. plan (2022)Earlier: revenue vs. plan (2024) | Revenue at its current pace, annualized, for the whole company, tracked alongside ten other top KPIs. Product teams' own metrics now sit in GitLab's internal handbook. | GitLabCompany blog · 2024 | |
| Discoveries | Each time a user studies an insight (a trend, funnel, path or lifecycle chart) or watches a session recording for at least 10 seconds. | Andy VandervellCompany blog · Sep 2022 | |
| Successful deployments per week | Deployments that complete successfully on Qovery each week, compared week over week. | Morgan Perry, Co-founder & CRO, QoveryCompany blog · Feb 2022 | |
| Messages sent | Messages sent through Twilio's communication APIs. | Lenny Rachitsky's survey of employeesSurvey · Jun 2021 |
AI north star metric examples
AI products are young, and few have said their north star in public. The ones that have count usage that proves value: questions asked, conversations resolved well, projects that find their own users.
| Company | North star metric | What it counts | Who said it |
|---|---|---|---|
| Five star resolutionsEarlier: automated resolution | Conversations the AI agent resolves, judged on both the quality of the resolution and the customer's satisfaction. | Adam Kruger, Product Manager, AdaPost · 2026 | |
| Users who get users for what they built | Builders whose project goes live and gets people of its own using it. Paying users served as the day-to-day proxy. | Anton Osika, Co-founder and CEO, LovablePodcast · Mar 2025 | |
| Queries per day | Questions people ask Perplexity each day. The team reviews its weekly and monthly growth rates and digs in when the number drops. | Aravind Srinivas, Co-founder and CEO, PerplexityPodcast · Feb 2025 |
Marketplace north star metric examples
Marketplaces mostly count completed transactions, the moment both sides get what they came for: 5 of these 8. Others count the value of goods sold, or the creators who bring the buyers in.
| Company | North star metric | What it counts | Who said it |
|---|---|---|---|
| Nights booked | Nights guests reserve across all Airbnb listings: Airbnb's count of completed bookings on the marketplace.Inputs: guest conversion rate, homes on Airbnb, visitors to the site | Lenny Rachitsky, Former product lead, AirbnbPost · Mar 2022 | |
| Number of ordersWith GMV | Personalised videos that fans order from talent. | Lenny Rachitsky's survey of employeesSurvey · Jun 2021 | |
| Gross merchandise volume (GMV) | The total value of goods buyers purchase through eBay, many times larger than eBay's own revenue. | Alex Schultz, Former eBay employee; then VP Growth, FacebookTalk · Oct 2014 | |
| Hosting creators and new ticketed users | Organisers who host ticketed events, plus people buying a ticket for the first time. | Lenny Rachitsky's survey of employeesSurvey · Jun 2021 | |
| Monthly active orders (MAO) | Orders customers place on Instacart in a month. | Sri Batchu, Former head of growth strategy and operations, InstacartPodcast · Jun 2023 | |
| Number of rides | Rides completed on the platform. | Lenny Rachitsky's survey of employeesSurvey · Jun 2021 | |
| Creators making over $XWith monthly GMV | Creators whose earnings on Patreon pass a set threshold. | Lenny Rachitsky's survey of employeesSurvey · Jun 2021 | |
| Weekly tripsWith gross billings, market share | Trips completed on Uber in a week. | Ed Baker, Former head of growth, UberTalk · Jun 2017 |
E-commerce north star metric examples
Retailers that sell their own goods watch the economics instead of usage: order value, margins and, at Amazon, free cash flow per share.
| Company | North star metric | What it counts | Who said it |
|---|---|---|---|
| Free cash flow per share | Operating cash flow minus purchases of fixed assets (including capitalised software and website costs), per share. | Jeff Bezos, Founder and CEO, AmazonFiling · Apr 2005 | |
| Average order value and orders per customer (AOV)With revenue | How much each order is worth, and how often each customer orders. | Lenny Rachitsky's survey of employeesSurvey · Jun 2021 | |
| MarginsWith revenue | The profit left on each sale after the cost of making and delivering it. | Lenny Rachitsky's survey of employeesSurvey · Jun 2021 | |
| MarginsWith revenue | The profit left on each sale after the cost of making and delivering it. | Lenny Rachitsky's survey of employeesSurvey · Jun 2021 |
Fintech north star metric examples
Financial products mostly count customers who actually move money: linked, funded or transacting.
| Company | North star metric | What it counts | Who said it |
|---|---|---|---|
| Monthly transacting users (MTU)With revenue growth | Users who make at least one transaction in a month. | Lenny Rachitsky's survey of employeesSurvey · Jun 2021 | |
| Bank accounts linked | Bank accounts that people connect to apps through Plaid. | Lenny Rachitsky's survey of employeesSurvey · Jun 2021 | |
| Dollars of SQL pipelineFormer north star | Dollar value of sales-qualified-lead pipeline generated for Ramp; the growth team estimated every project's impact in these dollars.Inputs: landing-page email submission conversion rate | Sri Batchu, Head of growth, RampPodcast · Jun 2023 | |
| Total net funded usersWith revenue growth, NPS | Customers with money in their account, net of those who leave. | Lenny Rachitsky's survey of employeesSurvey · Jun 2021 |
Media and streaming north star metric examples
Streaming and publishing count time spent, viewers or paying subscriptions.
| Company | North star metric | What it counts | Who said it |
|---|---|---|---|
| Total time reading (TTR) | Every minute readers spend reading stories on Medium, summed across all posts and readers. | Pete Davies, Product science, MediumCompany blog · Nov 2013 | |
| Median view hours per monthEarlier: share of DVDs arriving the next dayEarlier: share of members streaming 15+ minutes a month | The hours a typical (median) member watches in a month. | Lenny Rachitsky's survey of employeesSurvey · Jun 2021 | |
| SubscribersWith revenue, gross marginEarlier: monthly active users (2021) | People paying for a Spotify Premium plan; the company's long-term goal is 1 billion of them. | SpotifyTalk · May 2026 | |
| Gross MRR (MRR) | Monthly recurring revenue from paid subscriptions across all publications. | Lenny Rachitsky's survey of employeesSurvey · Jun 2021 | |
| Five-minute plays | Viewers who watch a stream for five minutes or more in a row. | Lenny Rachitsky's survey of employeesSurvey · Jun 2021 | |
| Daily watch timeFormer north star | Hours of video people watched on YouTube each day; the target was one billion hours a day, reached in October 2016. | YouTubePress · Apr 2019 |
Consumer app north star metric examples
Consumer subscription apps grow a free base that upgrades over time, so most count engaged users.
| Company | North star metric | What it counts | Who said it |
|---|---|---|---|
| LTV/CAC | The revenue a customer brings over their lifetime, divided by what it cost to acquire them. | Lenny Rachitsky's survey of employeesSurvey · Jun 2021 | |
| Daily active users (DAU)With revenue growth, learning competency (CEFR) | Unique learners active on a given day, summed across Duolingo's new, current, reactivated and resurrected user states.Inputs: current user retention rate (CURR) | Jackson Shuttleworth, Group PM, Retention Team, DuolingoPodcast · Dec 2024 | |
| Monthly active users (MAU) | People who use Strava in a given month. | Lenny Rachitsky's survey of employeesSurvey · Jun 2021 |
What 59 north star metrics have in common
The same 59 companies, counted four ways.
- Users, active or paying25 · 42%
- Revenue or margins11 · 19%
- Transactions6 · 10%
- Actions taken6 · 10%
- Teams or customers4 · 7%
- Things made or shared3 · 5%
- Time spent3 · 5%
- Satisfaction (NPS)1 · 2%
- No time window35 · 59%
- Daily8 · 14%
- Weekly7 · 12%
- Monthly6 · 10%
- Yearly2 · 3%
- Running total1 · 2%
- Productivity (work done)24 · 41%
- Transaction (purchases)19 · 32%
- Attention (time spent)16 · 27%
- Lenny Rachitsky's survey37 · 63%
- Its people (posts, talks)13 · 22%
- The company itself7 · 12%
- Books, press and forums2 · 3%
- 28 of 59 (47%) count people or customers: active users, paying users, teams or merchants. The rest count transactions, things people make, time spent or money.
- The time window follows the habit. Social apps count daily (Facebook, Instagram and Snapchat), work tools weekly (Airtable, Amplitude and Asana), media and consumer apps monthly (Netflix, Substack and Strava). Many metrics have no window at all: they count transactions or customers as they happen.
- Only 11 use revenue or margins as the north star itself, and 16 more track it next to a usage metric. Amplitude, Lenny Rachitsky and Sean Ellis all advise against revenue alone.
- Daily active users appear 5 times, mostly at ad-funded and consumer apps, although Amplitude's guide calls DAU a poor north star: it says nothing about what customers value.
- 10 companies have changed their north star: Amplitude, Dropbox and Netflix among them. A north star follows the strategy.
How to choose your north star metric
Name the game your product plays
Amplitude sorts products into three games: productivity (how well people get work done), transaction (how many purchases or exchanges happen) and attention (how much time people spend in the product). Pick the one yours plays; trying to win all three gives you no north star. Here is what companies playing each one count:
Work software wins when people get work done, so it counts active or paying teams and the things they make.
Marketplaces, shops and payments win on purchases and exchanges, so they count transactions and the customers making them.
Media, social and consumer apps win on time spent, so they count active people, hours or subscribers.
Find the moment customers get value
Not the sign-up, the payoff. Loom counts “videos with a view”, not videos recorded: a recording only does its job once someone watches it. Ask what a customer has to do to say the product worked for them.
Count how often that moment happens
Turn the moment into a count that can keep growing: nights booked, boards shared, teams paying. Sean Ellis's rule: make it actionable, not a ratio, and able to scale. Tinder is the exception that proves the rule: it tracks the share of paying users, because its users leave once they find someone.
Check that it leads revenue
If the metric grows, revenue should follow a few months later. Lenny Rachitsky's test: which metric, if it went up today, would most accelerate your business's flywheel?
Pick the time window
Match how often the product should be used. Social apps count daily, work tools weekly, streaming monthly. Counting a weekly habit daily makes every weekend look like a crisis.
Break it into input metrics
The north star is an output no team can move directly. List the three to five inputs that drive it, give each to a team, and set goals on those.
Revisit it when the strategy changes
Dropbox moved from monthly active users to paying teams when it shifted from consumers to businesses. Keep yours as long as the strategy holds.
Input metrics: what moves the north star
Nobody can raise a north star directly. Input metrics are the levers that can: a conversion rate, a supply count, a traffic number. At Airbnb, nights booked was too broad to build a roadmap on, so teams worked on its inputs instead, with goals like “add 10,000 new homes in Q1”.
- Input metricGuest conversion rate
- Input metricHomes on Airbnb
- Input metricVisitors to the site
Amplitude suggests three to five inputs and a pattern for finding them. For a north star like weekly active teams:
- Breadth: how many accounts reach the core action, such as teams that invite a second member.
- Depth: how much of the product each uses, such as the number of features a team relies on.
- Frequency: how often they come back, such as the days a week a team is active.
- Efficiency: how fast they get there, such as the time from sign-up to the first shared project.
North star metric vs KPI, OKR and OMTM
They work together. The north star is the company's most important KPI; OKRs set quarterly goals, usually on its inputs; the OMTM is a team's temporary focus.
| Term | What it is | How many | How long it lasts |
|---|---|---|---|
| North star metric | The one measure of the value customers get, chosen because it predicts long-term growth | One per company or product | Years, until the strategy changes |
| KPI | Any key performance indicator a team tracks to judge how it's doing | Many, across teams | Ongoing |
| OKR | An objective with measurable key results, often set on the north star's inputs | A few per team | Usually a quarter |
| OMTM | The one metric that matters: a team's single focus for the current stage or problem, from the book Lean Analytics | One per team at a time | Weeks to months |
Common north star metric mistakes
- Picking revenue. It lags, it moves with prices and exchange rates, and teams can't act on it day to day. Track it, but point the company at what produces it.
- Picking a vanity metric. Sign-ups, registered users and page views grow without anyone getting value. If the number can rise while customers leave, it isn't a north star.
- Picking a ratio. DAU/MAU or conversion rates can improve while the business shrinks. Sean Ellis advises a count that can keep growing.
- Having five north stars. Then there is none. Keep one, and put the rest in its inputs.
- Never revisiting it. A metric that fitted a consumer product can mislead a business one, as Dropbox's switch shows.
Where the idea comes from
- Growth teams. The term is often credited to Sean Ellis, who coined “growth hacking” and co-wrote Hacking Growth, though no first use settles it. On Lenny's Podcast in 2024 he described it as the metric that reflects the core value a product delivers: actionable, not a ratio, and correlated with revenue without being revenue.
- Amplitude's North Star Playbook. The analytics company turned the idea into a framework (a north star, its inputs and a workshop to find them) in a free playbook co-written by John Cutler. Its own north star, “weekly learning users (WLU)”, is on this page.
- Lenny Rachitsky's survey. Choosing Your North Star Metric (a16z, 2021) asked current and past employees of 40+ growth-stage companies what theirs was. About 50% named a revenue metric, 35% customer growth, and 30% each consumption and engagement; many named more than one.
- Lean Analytics. Alistair Croll and Benjamin Yoskovitz's 2013 book named the one metric that matters (OMTM), a startup's focus for its current stage, a close cousin of the north star.
How this list is made
A company is listed only if we can link to where it, or someone who works or worked there, named the metric as its north star: a filing, the company's blog, a talk, a podcast, an interview, or Lenny Rachitsky's survey of employees. Metrics a company only reports, like the active users in an earnings release, don't count, and neither do other sites' lists, which mostly copy one another.
We researched 106 companies and left out 47, including some famous ones: we found no statement by the company or anyone who worked there. Each row shows when the metric was stated; sources were last checked in November 2026.
Know a company that has said its north star in public? Send the link to khrystyna@getleadwave.io and we'll add it.
Frequently asked questions
It's the one number a company uses to tell whether its product is delivering value to customers. It's chosen so that when it grows, revenue follows: Airbnb counts “nights booked”, because every night booked is a guest who found a place and a host who earned money.
Airbnb: “nights booked”. Slack: “number of paid teams”. Loom: “videos with a view”. Duolingo: “daily active users (DAU)”. Amplitude: “weekly learning users (WLU)”. This page lists 59 companies' north star metrics, each linked to its source.
12 of the 19 SaaS companies on this page count active or paying users or teams, 4 of them weekly: HubSpot uses “weekly active users (WAU)”, Asana “weekly active paid users” and Slack “number of paid teams”. Products that grow by sharing count the shared thing: Miro uses “collaborative boards”.
Completed transactions, because that's when both sides get value. Airbnb counts “nights booked” and Uber “weekly trips”. Revenue is a weaker choice: at Airbnb it moved with exchange rates, trip lengths and host pricing, none of which product teams control.
Usually not on its own. Lenny Rachitsky's survey of growth-stage companies gives three reasons: revenue is spiky and hard to act on, chasing it early leads to poor decisions, and it doesn't inspire a team. Sean Ellis advises a metric that correlates with revenue but isn't revenue. On this page, 11 of 59 companies use revenue or margins as the north star, and 16 more track it next to a usage metric.
Most have one per product. Amplitude recommends one north star with three to five inputs for a team that shares one P&L. In Lenny Rachitsky's survey, the companies with more than one added a quality metric, like Superhuman, Slack and Duolingo, or ran separate businesses, like Spotify with music subscriptions and podcasts.
A KPI is any number a team tracks to judge its performance, and a company has many. The north star metric is the one KPI the whole company agrees best measures value delivered to customers. The other KPIs, especially its input metrics, explain why it moves.
Only when the strategy changes. About a quarter of the companies in Lenny Rachitsky's survey said theirs had recently changed or was about to. Dropbox moved from monthly active users to paying teams as it shifted from consumers to businesses, and Netflix has changed its north star at least twice.
It's often credited to Sean Ellis, who coined "growth hacking", though no first use settles it. Amplitude turned it into a framework with its North Star Playbook, and Lenny Rachitsky's 2021 survey documented how 40+ growth-stage companies use it.
Social media north star metric examples
Ad-funded networks count active people, because ad revenue follows attention. Tinder, paid for by subscriptions, counts paying users instead.