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Adjust the expenses, revenue, and growth rate to determine break-even point.
I love the execution! And I like the idea of capturing the area of the profit/expense triangle as the minimum funding you'll need…
BUT: it's of almost no practical use. A start up with fixed expenses? A startup without a period of no income growth (e.g. during initial product dev). A startup with consistent growth month-over-month? Sorry, but that's as rare as a rainbow-farting unicorn.
Sure, you can play with the numbers but this is just playing "fantasy startups". A spreadsheet isn't as sexy but it'll be far more accurate and useful
haha good points, as far as practical use...you have to forecast something right?
Fun to play around with even if you don't have a practical use for it.
This is a nice tool. Do you know if the creator of this calculator is going to add improvements?
I love the way you can use the drag and drop functionality to quickly find a ball park estimate for your desired funding.
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