Posts tagged “Progress Report”

Facet Q1 2019 Financials and Progress Report

I’m over a month late publishing our Q1 progress report, but here it is…finally. Financials When you create a financial model for your sales or revenue forecast, it will probably have a nice smooth-ish growth curve. Our forecast is smooth, but our actual revenue numbers are lumpy, in part because we bill by invoice. Every two weeks we send an invoice (or bill) via email to each of our customers.

My Roundabout Journey Bootstrapping to $15M in Lifetime Revenue

This year we should pass $15M in lifetime revenue at Facet. That seems pretty crazy. Just a few years ago I was an individual contributor software engineer at Netflix. Last year we did $2.2M in revenue, and this year I think we can do $4M to $5M. We’re building Facet the old-fashioned way — we are building a business that is self-sustaining and profitable. We’ve never taken any outside funding, and Facet employees and I own 100% of the business.