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This calculations are more about a financial projection than a model for growth, simply because you are picking growth as one of the variables.

Its practical for a very rough +- order of magnitude calculation if you are pretty sure about your growth and market size. Then again, as a startup in your first years, you have little idea about the last two.

A growth model has to balance how you go up and how you go down (both in business/user loss) and no business i can think of handles revenue exponentially and costs fix.



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