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Harsh Dwivedi
•

Medial • 3d

A Korean couple hit $500K ARR in 1 year without any VC money. This is an amazing read.

Tanuj Sharma

Stealth • 3d

Harsh Dwivedi see this as well looks like people are inflating numbers alot to gain attention, this post was just from last 7 days if can see post posting time, I hope you heard about that 28 years old girl who scammed recently to JP Morgan bank by s

Harsh Dwivedi
•

Medial • 3d

I know this. It’s the same poster, it is very much possible that his mrr doubled to 40K from 20K which means 500k arr

Tanuj Sharma

Stealth • 3d

Still, figures won't add up, brother. As per the post, they said they started it a year ago, obviously since starting it won't be 20K $ per month, it would gradually increased to 20K$ let's say by 5-6 month since their starting, so for first six months if count 6*15K = 90K for first 6 months, for next 5 months, 5*20k = 100K, total ARR for first year would go to max 90K + 100k + 40k = 230K $, its still halfway their claim of 500K $, please correct me if I sounds wrong or illusive!

1 replies

Replies (1)

Harsh Dwivedi
•

Medial • 3d

Brother, your calculations are right but not the concept. ARR is not calculated by last full year sales. If my this year sale is 40K Dollars and this is the first time i made any revenue, my ARR is still 40K * 12 = 480K dollar ARR. ARR is current month revenue * 12.

1 replies

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