Runway – Cash planning tool for startups
Hey guys, I’m the developer at LTSE that built Runway, a free tool to help you build your runway model. I built it for founders like me, who aren’t the biggest fan of spreadsheets, but want to build a sound financial model for my company. I’d love to hear your thoughts!
Interesting, it's a free to use service and the value to LTSE is that if you need a certain amount of financing, they can help you figure out how much / when and promote their services. It's kind of like a Credit Karma or Mint model but I assume it will promote their own products instead.
Played around for a few minutes and really like it. One suggestion - if you are going to prefill data, such as positions, don't pop up a bootstrap modal on every delete. Either just nuke it without confirmation (my preference) or do something quick like change the button to a "Really?" and make them click it twice (Zapier does this and I really like it). Having the whole workflow interrupted with the modal is really difficult, especially as it scrolls the whole page.
It's also quite slow in FF, not sure why.
Great idea. Some minor UX and it could be amazing!
Love "cash planning tool for startups"
But Runway has a huge "spend other people's money" connotation to me.
This may be great for us bootstrappers, but my initial assumption is that it's not made for me.
Quick feedback:
- Get rid of the confirmation box for password on creation.
- Add OAuth signin via Google Apps / GitHub / etc. One click account creation is a must for something like this to take off.
Nice work, this is an awesome tool. As a founder would love to be able to share it with my co-founders--any account sharing on the horizon?
I'd love something like this for personal finance, especially catering to these two things:
- Paying off debt (especially student loans)
- Saving for retirement
Can you tell us a bit about LTSE's vision and business model? Are you planning on aggregating data on your services to get a bird's eye view of early business ecosystem? Maybe learn how to pick potential winners, etc.??
Just a quick point on this, the "new scenario" page came up with an error (I think?) for me:
Puzzled: don't all the people who care about this do their work in spreadsheets? They're also extremely averse to having their financial data on someone else's computer/network ime.
Ugh that screenshot is cringeworthy. Comp-wise, you're saying execs > engineers > PMs > designers. At least make the ICs equivalent.
Also kinda sucks that execs get more. They have the most equity and the most pay, seems like a terrible deal for everyone else.
I'm sure you didn't do this intentionally.
Nice, we built the same thing 20 years ago at brixx.com
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