Eric Ries

Runway - The cash planning tool for startups

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Cristi Bârlădeanu
Congrats to the whole team, guys :) I see a bunch of tricky issues gracefully solved, it's always a difficult task to compromise between simplicity/ flexibility/ I-hate-Excel-leave-me-alone and still offering in-depth data. I was looking for such a tool for cash flow planning last year and eventually I ended up building my own, ThinkOut - http://thinkout.io. Have you thought yet of offering a basic API to feed income/ expense data from 3rd parties? Although ThinkOut was built more around services businesses (IT/ creative industries) we do have some users in tech startups (SaaS mostly) that would love to have some key metrics available. Cheers!
Hyon Lee
@kristache oh wow, great work on thinkout! We don't have any public APIs available yet, but it's on our minds for sure. For now, we're focused on helping founders themselves and less on the landscape/ecosystem
Kostya Rypta
As a startuper I know it is very important manages expenses. Hope this product can help with that
Jeff Weisbein
This looks like an incredibly useful service. One that surely will be able to replace my Excel spreadsheet and be much more helpful. When I clicked through to go to the site, I thought to myself, wouldn't it be great if this was a free service? I then clicked on the pricing page and was extremely grateful to see that it's being provided free as a public service. Bravo!
Hyon Lee
@jeffweisbein hahaha yup!
Sami Rehman
Not used the product yet but looks great. Will there be support for other currencies?
Hyon Lee
@sami_myfilmbuzz yes, we received multiple requests for it, so it's high up on our list now :)
Can Olcer
Awesome. Haven't tried it yet, but looks very useful. I have been searching for a lightweight, easy-to-use cash flow planning tool for a while now. Most are only compatible with accounting service integrations or are too complicated to use. I settled for Spreadsheets and PulseApp, but this looks better (hopefully).
Hyon Lee
@canolcer haha hopefully it'll be what you were looking for :) let me know if you need help getting set up!
Can Olcer
@hyonlee Thanks
Donté Ledbetter
This looks really neat!
Randy Ellis
Great release!
Sam Frentzel-Beyme
Cool tool! Would love to see some cost model integration, especially around labor categories like development, so we could project before bringing people on. This would help not only with budget planning, but actual allocation of dollars (ie: developers in SF vs Houston vs Upwork, etc).
Hyon Lee
@heysamfb we do have a % field to project growth. Does that work?
Sam Frentzel-Beyme
@hyonlee Thanks. That is helpful. But I was thinking about some kind of link that says "Estimate labor" for example with some connectors to labor rates by geography or platform. For example are labor rates in various areas different, so that I get more "runway" by using people in Vancouver vs. San Jose. And if you help me better spend my dollars... I'd pay for that! : )
Hyon Lee
@heysamfb ah gotcha! i'll dig around and see if there's a quick way to implement this :)
Sam Cholera
Just had a play around with this. You've made this super easy to follow for people who just want to click and go. Any plans to integrate with Sage?
Hyon Lee
@sam_cholera not at the moment, but we did get the same ask earlier today. we'll look into it!
Robert Romano
This looks great! Much nicer than looking at a spreadsheet. One thing that would be useful is a way to reference the numbers from other "Cases" so that you can keep certain assumptions the same or make adjustments that inherit from the "Base Case"
Hyon Lee
@robert_romano Ah, that's a great point. We also received a comment about having a general notes section for people to just write any notes free-form. Could that be useful here?