As an avid fan of constructive criticism, I am wondering, if you aren't already, why you are not using/utilizing trypital.com. I am trying to get some good feedback and see how I can add the most value to entrepreneurs and investors so I am extremely grateful for anything. Just let me know in the comments! Thanks!
Hi Joe, If I'm totally honest, waiting 5 seconds for the landing page to render (mobile phone, but a fast one and good connection) isn't an ideal start.
Maybe you can do something about this?
(Revisiting the page is faster, but initial load is slow)
That's great insight! I will work on that. Anything else you can give me some insight into? Everything and anything is greatly appreciated. Thank you!
I guess you're asking the wrong question. It's "Why should I use it?" I can use Excel, which is also much more flexible?
True! Great question. I have reached out to many people and individuals (especially in there investment banking and finance field) while I was building the product and asked that question all day, everyday to them so I was now wondering, why people were not using it so I can improve it further.
For the excel, as a past investment analyst excel is the standard tool for financial modeling but there is a huge wave and push away from it (as many other fields have already done this) which is why you see Airtable, Notion and all these other platforms built for specific purposes being used over excel.
With financial modeling and valuation, you can use excel (like I have for years both for when I worked in the investment management industry and when I freelanced) but it is far superior to a financial modeling platform like Pital. There are many, many repetitive tasks in financial modeling that once automated eliminates most of the time financial modeling in excel takes. Along with this, building a financial model is only as good as the inputs/assumptions which, if not data-driven and have meaning behind them, is worthless. With Pital we automatically analyze a mass amount of data and market conditions to create statistical probable and thus extremely likely assumptions.
Due to all this, we can eliminate the time to financial model to minutes compared to what took days even weeks depending on the company at hand.