Consider an embeddable version of this for incubators to license!!
Show HN: Startup funding simulator
61–70 of 168 posts
Re: Show HN: Startup funding simulator
#62Earlier quoted context omitted.
I run a bootstrapped business and I hear you. However, VC Funding can make sense for certain cases. I do think that too many people raise VC prematurely. The best path in my opinion is: 0-PMF/100 customers: Bootstrap it PMF-Scale: VC Fund if you can show 100% growth each year and forward. If the market is big enough (TAM etc), This can become a billion dollar company and for this to happen fast enough, you will need…
> PMF-Scale: VC Fund if you can show 100% growth each year and forward. If the market is big enough (TAM etc), This can become a billion dollar company and for this to happen fast enough, you will need funding. Also, the reason you need funding here is because it is very tough to scale a business slowly. Either you grow fast from here or die/stay average growth. This makes sense, but I wonder how truly "necessary" fu…
The thing with Funding is that you shouldn't really need it but it's more of a fuel when there already is fire (aka PMF). Once you have the fire (most people fail to get to this point anyway), then you decide if fueling that fire with VC dollars make sense or not for your goals.
The problem is that lot of entrepreneur need funding to even start because they don't have enough resources to start something (may be they need cash, people etc). But VC dont fund because you need cash. They fund because you are able to convince them somehow that you are building a unicorn.
Re: Show HN: Startup funding simulator
#63Was totally expecting this to be a snarky game.
Re: Show HN: Startup funding simulator
#64I don't have a clue what a "safe" is... but I made 36 million dollars in 3 steps. I'm a happy camper.
Re: Show HN: Startup funding simulator
#65Love the UI. Good educational tool for founders.
If only building the company and going through all those funding rounds was as easy!
Re: Show HN: Startup funding simulator
#66I'd love more help bubbles, since I'm not familiar with a ton of these toggles and boxes. I'd also love to see how much employees would get, not just me. I know people generally care more about themselves, but seeing how it would work if you gave a lot more to employees would be great.
Agreed. Adding the employee point of view would make this tool an excellent education piece. It’s always a struggle to explain.
Re: Show HN: Startup funding simulator
#67This is a great start. I really enjoyed the UI. Definitely needs the educational hints for people who are newbies, but that is obvious and you probably already have it on your roadmap.
All-in-all quite cool.
Re: Show HN: Startup funding simulator
#68Was totally expecting this to be a snarky game.
Hahaha I’m glad I’m not the only one. I can’t find it now, but I’m sure I’ve seen a snarky PM game here on HN before. Thought it might be the sequel
Re: Show HN: Startup funding simulator
#69(I havent read the other comments yet - so forgive if this is a dupe request):
May you please do the same from a hiring employee's perspective, in such a manner where, the Founding Folks can use this to understand their funding, then also understand what it means to bring on Founding Engineer, Founding Sales, etc... and then all the child departments and their impact in liquidity/stock/options RSIs etc?
And then have an ELI35 print out for the Prospectives?
Re: Show HN: Startup funding simulator
#70This is a calculator, not a simulator. What exactly are you simulating? This takes a number of fixed inputs and produces a fixed output over some very coarse, manually controlled time steps.
It's like saying using a calculator to add up the last few months of income/expenses is a "financial simulator".