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This video tutorial covers key concepts in software as a service (SaaS) such as AR, MRR, LTV, CAC, gross versus net MR, and churn. The speaker, with six years of experience in a SaaS company, highlights the confusion around these terms and how it can be a challenge for new employees. The goal of the video is to provide a comprehensive explanation of these terms, including MRR expansion, contraction, reactivation, churn rate, customer churn, revenue churn, net revenue churn, and negative churn rate. Additionally, the tutorial delves into estimating lifetime value and cost of acquisition. Whether you are new to the SaaS world or seeking clarification, this video aims to make these concepts more digestible.