2 ms·

> Looks like you're now making a profit but a really > small one... Eric, at what point will you as the sole investor start making a profit, assuming steady

• ezl 13y ago
  oh man, i don't have a good answer for that, but i'll give you the next best thing -- a bad answer. :) I don't think its fair for me to assume steady growth at my previous 4 months trajectory. I would love that, of course, because, uh, i like money, but it seems improbable. So the next best thing: last month, RL made ~$1500. I try to track every dollar I spend, so I just grepped my expenses sheet for every dollar ever spent that is tagged with RL. $95,225.20 So, at 1500/mo, I'll break even in 63 months, assuming a cost of capital of 0%. :) However, that number is really tagged based on what my accountant tells me is valid for the purposes of IRS reporting -- meaning, whenever I have drinks or dinner with other founders and we talk business, marketing, strategy, when I park in a parking lot and have to pay a fee, purchases that can be attributed to the business, etc. so the total invested number is probably non-trivially lower than 95k.
• nobodysfool 13y ago
  From the looks of it, he is making a profit... just that he's paying himself from that profit so he includes that in the expenses.