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It looks like they raised their round in 2011, when their run rate was $150k. The dates in green in that slide are projections.

This is correct, we had a $150k run rate when we raised (and pitched with this deck) and the $3.6M figure was a projection (and clearly one which was rather ambitious!).

What are current revenues if you don't mind me asking?

Just over $100k/month.

http://techcrunch.com/2013/04/25/buffer-scheduling-service-n...

Yep, exactly. April revenue was $115k.

Fantastic openness. Thanks.

Companies have costs, nothing is 100% profit.

Revenue is Sales

Revenue > net profit

Revenue > cash flow

net profit != cash flow

Edit: I missed the bullet point about their 97% margin. 97%! Probably gross margin, but still...I am in the wrong industry.

I was confused by that, too. I am sure it made sense in the context of their pitch (due to WHEN it was made), but the "milestones" slide didn't indicate which items had occurred vs were simply goals.