Hii!! Medial app co-founders I have a small question for you so you raise funding in beta stage of your app can you please share some tips for us on how we can raise money on beta stage!! My app is in beta rn and I need some funding!!
Depends on how much you are raising. But 5-10k users would be a good base to start with. What matters is rate of growth.
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Run Rate
A financial projection of your yearly revenue or expenses based on current performance.
Example: If your startup earns โน100,000 in one quarter, your annual run rate would be โน400,000.
Why it matters: Helps forecast growth
How Do we get to know about a valuation of the startup at initial days ? For example an app makes 400Rs per user and has an user base of 5lakh This app has multiple features On an avg what would be the growth rate and valuation. Recurring users would
An interesting post :)..... If I were the CEO of Medial๐ I would do this things step by step to make it big๐ โฌ๏ธ
โก๏ธAllocate 80%(> depends on the value)of available funds to influencer marketing, ads, etc.
โก๏ธAim for leat 5 million users and 100,00
*RBI cuts Repo Rate by 25 bps to 6.25% โ the first rate cut in 5 years!*
โ Boost for economic growth
โ Lower borrowing costs
โ Positive for markets & businesses
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