Love the simplicity! Reminds me of some financial tools I've come across 💰
Not sure if it's a bug–but when I increase the time spent it actually didn't affect the final value of side project.
Great idea. Buggy execution.
I tried reducing the default 10% annual growth to 0% and the value went up instead of down.
Also, I believe the formula should be clearly described somewhere. A single number doesn’t have much value without a “How” and a “Why”.
@ardalanme Thanks Ardalan for letting me know. I fixed this now. It was using traffic-based valuation at 0% and net income-based valuation at 10% and using the growth multiplier on the traffic valuation. I've disabled this now.
Nice work, @levelsio.
Would love an "advanced mode" where one can manually tweak some of the underlying assumptions that go into the final calculation. E.g. Some makers may get a more accurate number by plugging in their actual revenue per MAU (if they know it).
@rrhoover Awesome! Will add revenue per MAU input now too. Only question: how would it affect the revenue box above? As in, you enter your revenue already. Then you enter your MAU and MAU price. Should changing the MAU and MAU price affect the revenue box?
I'll also start slowly hiding the more advanced boxes under an ADVANCED button. Thanks :)
Would be cool to see examples of closed deals and numbers of other side projects
Pros:
This tool could help if you don't have any idea about how much you side project could worth as I have.
Cons:
Didn't find so far
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I like it!
Would add an estimated "selling price" as well. You talk about how much is worth for 1 year. In many cases you take 3-5 times the EBITA -> Would be cool to see that. Anyhow, again a cool project by my favorite creator.
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Nice Pieter. Simple, and takes into account some variables a maker wouldn't normally think of. Not sure how serious one should take it, but a good confidence booster nonetheless.
Side note: You sure do love Nunito font ;) love all your products, keep it up.
@graeme_fulton Thanks Graeme. Surprisingly much less than me/you'd expect. Unless it's strong brands like Airbnb, Google and maybe even Lonely Planet, it doesn't have that much effect. A brand like Nomad List is strong in a niche, but not well known in mainstream. So realistically not that valuable.
@levelsio@thisiskp_ I think both are important, but it depends on the founder - whether you are building to sell and make money, or if you are building for the love of the product and audience. MAybe both, do it whichever way resonates with you there is no rulebook
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Would be cool to see examples of closed deals and numbers of other side projects
Pros:This tool could help if you don't have any idea about how much you side project could worth as I have.
Cons:Didn't find so far
Prototypr
eu/acc: European Accelerationism
Prototypr
Prototypr