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posted Jun 9, 2012, 2:02 PM by Vishal Jain
I have mixed feelings about using "revenue projections" to try and predict the future. I suppose in cases, it's necessary, because you want to give an investor a sense of how much money you might make in a certain period of time. Maybe it would be more useful to create 95% confidence intervals around how much money you would make, so that across a number of investments, there is no egregious miscalculation of expected sales.