Daily Archives: January 29, 2018
Google Alert – international cricket stadium lucknow
international cricket stadium lucknow Daily update ⋅ January 29, 2018  
NEWS  
With on going inspections, Lucknow’s cricket stadium a hot favourite to host IPL 2018 matches! Knocksense Lucknow, which has never hosted an international cricket match in last 2 decades will definitely witness a high footfall. Also, the facilities provided in Ekana stadium is far superior than many stadiums in India. In comparison to Delhi’s Feroz Shah Kotla Ground, Lucknow’s stadium has 9000 more chairs, …


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3 MODELS – TO ACHIEVE THE SAME $1 M OR $10 M TARGET : [A] LINEAR – IE AP GROWTH MODEL [B] EXPONENTIAL IE GP GROWTH MODEL AND [C] A HYBRID – GROWTH MODEL FOR MRR SPECIALLY
AND YES, WE CAN HIT THE SAME – TARGET – SAY $ 1 MILLION REVENUE OR $100 MILLION REVENUE – BY THESE 3 MODELS : BECAUSE CUMULATIVE YEARLY REVENUE = SUM OF ALL THE 12 MONTH REVENUE –
HOW?
FIRST SEE THE DIFFERENT GROWTH MODELS
[a]
Linear Growth model means ARITHMETIC progression : as in
,
where
– a 1 = the first term – i.e. – the revenue /sales at the beginning of a month
– a n = the revenue in the nth month
– d = the common difference
S (n) = Sum of all the monthly revenue numbers
In this model a CONSTANT number gets added to the number prior to it – ie. this month revenue = previous month revenue PLUS – a Number called – D
,
so in this case if we want to arrive at the growth rate formula
then G = growth Rate = a(n) / (a(n1) – 1
where a ( n1 ) = a 1 + (n2) d
substitute and get G = { a (1) + (n1) /d } / { a 1 + ( n2) d)
which means and implies that G (n) will not be a constant – and would vary each month
ie – there would be a mean value but since each term { each number} would be different – there would be a variation – and here is the
standard deviation –
The standard deviation of any arithmetic progression can be calculated as
where is the number of terms in the progression and is the common difference between terms.
so, there would be a MEAN around the Revenue number and the distribution would have a standard deviation – shown above
[b]
EXPONENTIAL GROWTH MODEL – AKA – THE GEOMETRIC PROGRESSION –
This EXPONENTIAL Model is hard to sustain –
– this model assumes – a constant growth rate –
OBVIOUSLY THIS IS ONE WHICH EVERYONE LIKES
where r ≠ 0 is the common ratio and a is a scale factor, equal to the sequence’s start value.
BECAUSE IT BLOWS UP TO INFINITY – QUICKLY – BUT THIS IS ALSO A HARD ONE TO SUSTAIN WHEN N – APPROACHED LARGE NUMBERS
The nth term of a geometric sequence with initial value a and common ratio r is given by
Such a geometric sequence also follows the recursive relation
for every integer
OBVIOUSLY BY DEFINITION
– THE GROWTH RATE IMPLIED IN THIS MODEL IS – CONSTANT –
THIS MONTH SALES NUMBER DIVIDED BY LAST MONTH’S SALES NUMBER
=
A(n) DIVIDED BY A(n1)
WHICH IS EQUAL TO THE SAME
– IE – THE COMMON RATIO R
SO, MONTHLY GROWTH RATE IN THIS MODEL – REMAINS THE SAME.
[C]
THERE IS A 3RD MODEL
A HYBRID MODEL
BETWEEN THE AP AND THE GP – MODELS
I.E BETWEEN THE LINEAR AND THE EXPONENTIAL MODEL :
WHICH IS MORE REALISTIC
AND WHAT WE SHOULD
OR WOULD BE FORCED TO PLAN FOR
– AS N – THE NUMBER OF MONTHS – IN OPERATION – INCREASES LINEARLY WITH T –
THE TIME – FARTHER AWAY
FROM SEPTEMBER 2017 INCREASES
in this model – you take the average of the NET – NEW – MRR – numbers –
{ MRR STANDS FOR MONTHLY RECURRING REVENUE }
BY ADDING THE TWO NEW NEW MRR NUMBERS
FROM THE LINEAR AND THE EXPONENTIAL MODELS ABOVE – MENTIONED IN [A] AND [B] – SECTIONS –
AND THEN DIVIDE THAT BY 2 –
AND THEN ADD TO THE PREVIOUS TERM
TO GET THE NTH TERM
BASICALLY
– IN THE LINEAR MODEL U HAD – A COMMON DIFFERENCE – IE D – ADDED TO EACH TERM
– AND IN THE EXPONENTIAL MODEL U HAD THE COMMON RATIO – R MULTIPLIED TO EACH SUBSEQUENT TERM
– IN THE HYBRID MODEL – YOU TAKE THE AVERAGE OF THE TWO END POINTS –
AND ADD TO EACH SUBSEQUENT TERM
YOU CAN DO THE MATHS – IN EQUATION FORMAT
OR – YOU CAN DO ACTUAL NUMBERS AND MACROS AND FORMULAS IN EXCEL
OR GOOGLE SHEETS
HERE IS THE LINK FOR GOOGLE SHEETS >
https://docs.google.com/spreadsheets/d/1k9BW460b8cTRSTFpl61k47Cg28xo4pOBCAx0V5n3FrM/edit?usp=sharing
yes, you can download in CSV format as well..
If you like to see numbers visually
see this graph
– GRAPH OF GROWTH MODELS –
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IN SAAS growth MATTERS – AND IT MATTERS – A LOT
OR I GUESS SOME WOULD SAY – IT MATTERS THE MOST
The Increasing Growth Rates Of SaaS Companies
SaaS startups are growing faster than ever before. Publiclytraded SaaS companies founded from 2008 through 2014 needed 50% less time to reach $50M than their counterparts founded between 1998 and 2005. I stumbled across this trend when looking at a different chart used in my S1 analyses that compares the time to $50M for each of the 51 or so publicly traded SaaS companies.
WIX IS SHOWN BELOW in red
MY EYES AREN’T PERFECT BUT I EYE BALLED IT – AND IT LOOKS LIKE IT TOOK WIX – 7 YEARS – APPROX – SEVEN YEARS – TO HIT THE $50 M REVENUE COMPANY – WE R US –
colored the companies founded in the last ten years in red.
Newer SaaS companies grow faster.
82% of the companies to achieve $50M in revenue in under 8 years have been founded in the last decade.
Meanwhile, all of the companies requiring longer than 8 years were founded before 2004.