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Show HN: Funded.io rapid prototype

funded.io

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Re: Show HN: Funded.io rapid prototype

#51

Post by girvo »

rahimnathwani wrote: post #49
bottompair wrote: post #39

Earlier quoted context omitted.

A few things I was thinking: - Spreadsheets are prone to fat-fingering and messing up formulas. For example, if you built a spreadsheet with three product SKU's and wanted to add a fourth, it's not so easy. Especially if you have visualizations tied to specific ranges of cells, etc. With this app I can validate data once and not worry about some random missing formula screwing it up down the road. - When creating mod…

From quickly scanning the comments, it seems that (i) many people would use a tool like this, despite its lack of flexibility, because it's easy to use and it works, (ii) very few had the same reaction as I did: it looks nice, but why not just use Excel. Perhaps it's because I've spent many, many hours using Excel (although less so these days), but those problems you state don't seem like problems: 1) Fat-fingering i…

Yeah, I get what you mean, and I've written some powerful stuff in Excel that avoids the issues stated. However, sometimes it's frustrating to try and work around the small idiosyncrasies in Excel and I can totally see why someone would use something like this instead.

Re: Show HN: Funded.io rapid prototype

#52

Post by edelans »

rahimnathwani wrote: post #49
bottompair wrote: post #39

Earlier quoted context omitted.

A few things I was thinking: - Spreadsheets are prone to fat-fingering and messing up formulas. For example, if you built a spreadsheet with three product SKU's and wanted to add a fourth, it's not so easy. Especially if you have visualizations tied to specific ranges of cells, etc. With this app I can validate data once and not worry about some random missing formula screwing it up down the road. - When creating mod…

From quickly scanning the comments, it seems that (i) many people would use a tool like this, despite its lack of flexibility, because it's easy to use and it works, (ii) very few had the same reaction as I did: it looks nice, but why not just use Excel. Perhaps it's because I've spent many, many hours using Excel (although less so these days), but those problems you state don't seem like problems: 1) Fat-fingering i…

3) In my opinion, another reason why using a 'template they found' is clearly a bad idea, is because the process of creating the model is at least as important as the results you get.

And if you want to understand what you see, and tweak it to your business, you must have a very deep undestanding of all the mechanics behind the cells, which is very hard/painful/time consuming to obtain when you use a complex spreadsheet from someone else.

Still, I really like the concept of funded.io. Combining planning and tracking into one tool (automated for tracking) would be awesome!

Re: Show HN: Funded.io rapid prototype

#53

Post by budgetyzer »

bottompair wrote: post #41
martialmartian wrote: post #35

for those who can't use excel...

As posted higher up, the spreadsheet I created and based the application on: https://drive.google.com/file/d/0Bxgh-9Z9zd40ZExtRnYyZVhWU2s... Feature development on the app will be faster (and reach a broader audience) than the spreadsheet, however. And I wanted to learn AngularJS ;)

Hi all, i created a similar tool a wile ago. You can take a look at: app.budgetyzer.com

It could load a bit slow. You can only log in with your Google account ATM.

Currious If you all like it...

Tim

Re: Show HN: Funded.io rapid prototype

#54

Post by kfk »

What’s your current pain in dealing with financial projections? What kind of help could benefit you from a finance controller expert remotely? Would you be willing to share finance/spreadsheet knowledge with some coding mentoring?

Re: Show HN: Funded.io rapid prototype

#55

Post by rrhyne »

bottompair wrote: post #25
davidbanham wrote: post #6

I have spent more hours than I'm comfortable contemplating slaving over Excel spreadsheets creating projections. I went into one funding round with perfect eyesight and came out needing reading glasses. This tool is fantastic. I'd love to be able to modify it for non-MRR companies though. What license are you releasing the code under?

Hadn't thought about open-sourcing the project yet. Initially just something to remove the pain I was feeling in my current role. It allows me to share models with founders and collaborate as well. Data is persisted (MongoDB) and the unique Url for each model created will work if you navigate directly back to it.

Don't release it, turn it into a business!

Re: Show HN: Funded.io rapid prototype

#56

Post by bottompair »

rahimnathwani wrote: post #49
bottompair wrote: post #39

Earlier quoted context omitted.

A few things I was thinking: - Spreadsheets are prone to fat-fingering and messing up formulas. For example, if you built a spreadsheet with three product SKU's and wanted to add a fourth, it's not so easy. Especially if you have visualizations tied to specific ranges of cells, etc. With this app I can validate data once and not worry about some random missing formula screwing it up down the road. - When creating mod…

From quickly scanning the comments, it seems that (i) many people would use a tool like this, despite its lack of flexibility, because it's easy to use and it works, (ii) very few had the same reaction as I did: it looks nice, but why not just use Excel. Perhaps it's because I've spent many, many hours using Excel (although less so these days), but those problems you state don't seem like problems: 1) Fat-fingering i…

All good points. Sharing models without emailing spreadsheets around (now you have your version and I have mine) has probably been the best thing I've gotten out of it so far.

I've already had a few people email me links to their model with questions about implementation. Since posting on HN there have been more than 2,000 models created. If someone finds a serious bug in a formula or better yet, a new feature is added then they all get the benefit. There's not very clear path(s) to upgrading an Excel workbook.

And my straw man argument: I could make a case for building a lot of stuff in Excel that currently exist as successful hosted applications. Lowering the barrier to entry is one way to differentiate.

Re: Show HN: Funded.io rapid prototype

#58

Post by krainboltgreene »

rrhyne wrote: post #55
bottompair wrote: post #25

Earlier quoted context omitted.

Hadn't thought about open-sourcing the project yet. Initially just something to remove the pain I was feeling in my current role. It allows me to share models with founders and collaborate as well. Data is persisted (MongoDB) and the unique Url for each model created will work if you navigate directly back to it.

Don't release it, turn it into a business!

Or do both.
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