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Show HN: Funded.io rapid prototype

funded.io

31–40 of 59 posts

Re: Show HN: Funded.io rapid prototype

#31
Love it. The only issue I have is the SKU slider is a little bit "fuzzy". Would be great to actually be able to plug some real sales estimates.

Also the slider seems to be capped out at some really low number (like 30 new customers a month or something?)... not sure if I'm doing something wrong?

Re: Show HN: Funded.io rapid prototype

#32

I will use this extensively tonight(spend about 1-2 hrs beta testing) and come back with suggestions/comments and input, IF you can add ways to save the data and/or export to CSV/excel after. On a brief look, it looks great, well done.

The data is actually being persisted (MongoDB). Notice a unique Url is created when you click through the initial landing page. If you save that Url somewhere and come back to it your data will be there. Thanks for taking some time on it - feedback is most welcome as I'll continue to hack on it over the next few months - time permitting.

Yes noticed that. Well done. It does still seem that A LOT if not most of the comments here are as well asking for a download/export feature. Everyone wants to know they are covered after investing a few hrs into working on something. No one really knows how long that URL would be active for. Anyway, I am a founder and have some real number so will dive in tonight. Export would still be welcome. Again, great job. Looks tight.

Re: Show HN: Funded.io rapid prototype

#33
post #31

Love it. The only issue I have is the SKU slider is a little bit "fuzzy". Would be great to actually be able to plug some real sales estimates. Also the slider seems to be capped out at some really low number (like 30 new customers a month or something?)... not sure if I'm doing something wrong?

True, for lower priced products the SKU slider is limited. I struggled with this on my Excel worksheets as well. In mid-market SaaS ($200-$1500 MRR range) growth tends to slow down the higher the price goes. In addition, growth increases over time as the company grows, but the higher priced SKU's grow slower.

The sliders are only one possible solution to visualizing the rate of growth per price tier. Most other things I've tried involve math fiddling that I haven't managed to translate well to a user experience.

Open to suggestions or examples if you have ideas!

Re: Show HN: Funded.io rapid prototype

#34
post #31

Love it. The only issue I have is the SKU slider is a little bit "fuzzy". Would be great to actually be able to plug some real sales estimates. Also the slider seems to be capped out at some really low number (like 30 new customers a month or something?)... not sure if I'm doing something wrong?

True, for lower priced products the SKU slider is limited. I struggled with this on my Excel worksheets as well. In mid-market SaaS ($200-$1500 MRR range) growth tends to slow down the higher the price goes. In addition, growth increases over time as the company grows, but the higher priced SKU's grow slower. The sliders are only one possible solution to visualizing the rate of growth per price tier. Most other thing…

The difficulty possibly stems from starting at 0 and trying to get a growth function to suit over 1-5 years (ideally it's exponential in the early days, but likely logarithmic over a longer period of time). Problem is if you're going to investors, you don't want a chart that shows growth slowing down over time (certainly not in the first 24 months anyway).

Early on you have an idea of what sort of traffic you're able to generate and a likely conversion rate, and therefore estimate a sign up rate using real(ish) numbers. It's only the growth beyond that that you're really guessing at.

You may just want a text box with a gross # of new customers/month based on what you think you can bring in, and then have the slider work on top of that, in effect creating an adjustable polynomial function for growth? Just spitballing here...

Re: Show HN: Funded.io rapid prototype

#36

Struggling with maintaining 25 versions of financial projection spreadsheets for a tiered SKU based SaaS startup. I decided to spin this up as quickly as possible (and learn a little AngularJS along the way). The result - after ~30 hours it's usable enough to show. Obviously needs more flexibility around the variety of revenue models and expense categories. But really it's just for rough estimates at this point.

I like it. Nice work and welcome to the land of Angular!

Minor spelling issue I noticed that was bugging me all over the place:

s/Reccuring/Recurring/

Re: Show HN: Funded.io rapid prototype

#37

Struggling with maintaining 25 versions of financial projection spreadsheets for a tiered SKU based SaaS startup. I decided to spin this up as quickly as possible (and learn a little AngularJS along the way). The result - after ~30 hours it's usable enough to show. Obviously needs more flexibility around the variety of revenue models and expense categories. But really it's just for rough estimates at this point.

As a piece of technology, this is really cool. But I guess I don't get how it's different from a nice Excel model. How is it that this allows you to capture 25 different use cases in a way that the a spreadsheet can't?

In my mind the difference is that I don't have to build it! Using this I can just plug in my numbers and go instead of spending time building a spreadsheet.

Re: Show HN: Funded.io rapid prototype

#38
post #37

Earlier quoted context omitted.

As a piece of technology, this is really cool. But I guess I don't get how it's different from a nice Excel model. How is it that this allows you to capture 25 different use cases in a way that the a spreadsheet can't?

In my mind the difference is that I don't have to build it! Using this I can just plug in my numbers and go instead of spending time building a spreadsheet.

Sure, but the OP could have just published their spreadsheet and you wouldn't have to build that either.

Re: Show HN: Funded.io rapid prototype

#39

Struggling with maintaining 25 versions of financial projection spreadsheets for a tiered SKU based SaaS startup. I decided to spin this up as quickly as possible (and learn a little AngularJS along the way). The result - after ~30 hours it's usable enough to show. Obviously needs more flexibility around the variety of revenue models and expense categories. But really it's just for rough estimates at this point.

As a piece of technology, this is really cool. But I guess I don't get how it's different from a nice Excel model. How is it that this allows you to capture 25 different use cases in a way that the a spreadsheet can't?

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 models for comparison the typical pattern is Save As -> New. Before you know it, you've got 8 or 10 different spreadsheets with different variations on the numbers. Now add a new expense category to the model in spreadsheet #10. If you want to compare backwards to the rest you'll need to do that work over and over (this is the pattern I was stuck in).

- Longer-term I wanted to be able to overlay models - sort of an A/B test given different configuration

- During the past few months I've met with countless entrepreneurs trying to launch startups pre-money. Most of them are trying to build models from scratch (or a template they found) and it's been a clear pain point for them

- I can share models in a service like this easily. I've already used it several times when someone's asked me to help validate their business model. I create the model in the app and send them a link. They can tweak it and show me their ideas. It's crude right now, but collaboration between founders on something like this might be worthwhile.

- Even longer-term I'd like to add in more templates to support startups beyond the initial financial model. Basically I looked at my last several years' worth of operational spreadsheets from helping run SaaS companies and thought "there ought to be an app for this".

Re: Show HN: Funded.io rapid prototype

#40
post #37

Earlier quoted context omitted.

In my mind the difference is that I don't have to build it! Using this I can just plug in my numbers and go instead of spending time building a spreadsheet.

Sure, but the OP could have just published their spreadsheet and you wouldn't have to build that either.

This was the worksheet I created (and have been using for a few months). I believe funded.io is at feature parity with this simplified model - https://drive.google.com/file/d/0Bxgh-9Z9zd40ZExtRnYyZVhWU2s...
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