Taimur Abdaal 28.Jun.2020. Or should I rent and get assets in the form of stocks? Episode #35 Taimur Abdaal – Causal . Because I back when I had a real job, there were a couple of people within the company who went architectural, they're like PMS or something. By I think it'd be very interesting if like, we get to a point where every company has a, you know, code specialist who just like sorts out the company's internal workflows, and things like that. His links: Blog, Twitter, Medium, Instagram. The main use cases for Causal at startups; The trend in engineering towards block based building. But really do fit into that term. Causal helps you build financial models effortlessly and share them with interactive, visual dashboards in a way that everyone will understand. Hosted by Ali and Taimur Abdaal. Because I know coder. So if you are a marketing agency, then your clients will come to you and they'll say, Hey, you know, this is our budget, how many leads Can you get us via Google ads, and Facebook ads, and so on. Yeah, we should definitely do some sort of tutorial or something about the scripting button. Causal helps you build financial models effortlessly and share them with interactive, visual dashboards in a way that everyone will understand. Causal: a browser-based modelling tool. And can I do something that causes? So I feel like we need some sort of cultural correction while still moving in this direction of more people doing side hustles and things like that. So I think I think I, I've always kind of wanted to buy a thing. Build your model using variables, not cells. I’ve always counted on him for real talk and to constantly push me to improve as a person and leader. And I can have custom formatting, like colors and things and some basic interactions like drop downs, and all of a sudden, you're actually building software. And cool, you can write a bit of code to do it, does it for them those gaps? And they're probably things like product managers and stuff like that right now. About us. And then they were using it for like project management and, and all of that kind of thing. Previously, I worked as a data scientist in London and San Francisco, and studied Maths at Oxford. No code, what should we what Shouldn't we have on him is like, why do we give a fuck? Mukhtar Abdaal--Sudan. I don't suppose we'll begin for now. Here's my like, current usage of this particular thing. And then you know, when you also come 4050 years old, then you haven't like a good salary live like a comfortable life, it seems like nowadays, I think there's just a lot more sort of uncertainty, people move around a lot more. Because typically, the amount you pay in rent for a property, let's say, like a two bed flat in London, will be a bit less than the amount you'd be paying monthly for a mortgage for the same two bed flat. That's I mean, that's, that's basically the thesis behind our whole company, is to make the number crunching stuff so much better that people would actually switch over from a spreadsheet. So I've table in my very brief career. Investor Status. They’ve tasked you with helping them hit $1m monthly revenue by the end of the year. We try and figure out what our real goals and motivations are for the things that we're doing. Yeah. University of Oxford. It'll be awesome. And so the sort of math stuff, plus the coding stuff meant data science seemed like a good fit. We appreciate it. Yeah, sure. Yeah. Yeah. Should I buy this car versus that one? User stories So it's becoming a lot more dynamic. Okay, I'm just gonna tweak this Zapier thing. I mean, that could be that's like a side project marketing. We'll be diving into: What is Causal? In whatever country does this for us. Yeah, yeah, I'm a big fan of like this sort of passionate economy or whatever you want to call it side hustles. Yeah. Yeah, exactly. Justin Abdaal. It definitely seems like there's a bit of sort of unbundling and re bundling going on, where like journalists, for example, instead of being bundled together in like, the economist or the New York Times, they all have like their newsletters, but now people are starting to bundle those together as well. The first is for like, number crunching, calculation stuff, which is what we're trying to target. This never happens again. Plain plain the idea though. And that kind of thing. Whether it's as good or thick, we might that might be where where it goes to the sun firing season. Is that where you started? you go those with causal link that would be like the most random. And then people sort of figured out what Hey, I can sort of lay things out however I want on this grid. in our lifetime, please. to, it just needs a good name. And both those are worth something? Sounds like a cool. Check out causal at causal dot app. Yeah. I think, probably like the two main hallmarks that stand out to me is that first, it's kind of about letting people These things they couldn't do before. Yeah, this is like an issue think is when were to enjoy stuff? I don't know what's gonna be called. But yeah, you know, there's always three or four things I'm trying to do. So we started to get some paying customers, which has been nice. So probably like one of the biggest use cases is financial modeling for early stage companies. And so one of the things that we're trying to do is have a way to actually present these kinds of things in a nicer way. calculators, so this would be a really good way to do that. Take size argument happening where so when you're on the coast side, on the northern side? And so then new customers can go on the website and see, okay, if I have this many employees, and based on my sort of custom circumstances, this is what the pricing would be for this product. Welcome to the Causal blog We write about numbers and adjacent topics — statistics, data, visualisation, and best practices for modelling and forecasting. Awesome. 00:00 00:00. So then it's all and then it's like automating lorry driving is not trying to replace a load drive. But lotteries came about because the railways were an efficient way to deliver stuff to certain areas. Mr. Taimur Abdaal is a Co-Founder of Causal. The add-on runs hundreds of simulations for different scenarios, letting you test the sensitivity of your outputs with respect to … Like, yeah, look, it's great. How did you get inside? What we are very much the same bit of we just cantos. But I don't really have any good arguments for that, like whatever it always comes down to or Brenton just money's going out the window. So it's just quite basic and what they can what they can do. I said they. Over 13,000 people get our updates, join us! So it's like, if you subscribe, where you're like, you give money to barstool at some level, you get access to all these personalities or brands. Was the usual calculation with should you rent versus you buy? It was built in Causal (https://causal.app) by one of our power users. There's this weird. Yeah, I mean, it's not a feature right now. And since like, May, we started charging as well. always go round, and people love them. Readable formulas. And just like work is all things. I guess, spreadsheets came along specifically to do like number crunching, like calculations and stuff. But it wasn't, there wasn't a wasn't such thing as a data scientist a long while ago, I don't know how he is doing, she was on when it was, all these big companies have recognized the use case for data scientists as a role, then that became a thing. Awesome. And so then you need to build a small forecast to show the client that, hey, this is like the strategy, we'll put this much in Google this much, and Facebook. Also, they birthday founders or were they as that they're actually both American but they came to the UK for undergrad for university. But yeah, and it was great. Follow. Yeah, I think it's more of the figure now where you can have multiple streams of income and diversify that a bit more. co-founder, Causal (https://causal.app) #357 @taimurabdaal taimur.me. What everyone? If you're writing it from scratch, that's probably not the right, the right way to do it. Right. Exactly. And now it's stuff like retool, you know, for basically all internal software. You want to try and do then then code my video. Do causal? So you know, if you have like a financial model for your company, and you want to, you want to sort of be a bit more transparent with your team, you could send a spreadsheet round to everyone in the company and your investors and stuff. The main use cases for Causal at startups. Yeah, living the dream. But but sort of one of the biggest pain points with spreadsheets, that we found is that it's very hard to actually present them in a nice way to other people. And like, a new thing, and now being close to movement and all that stuff? But it seems like everything is kind of trending towards being more quantitative. Yeah. length. I think there's just people worried about what's gonna happen to like, they didn't even things that was mentioned classes a day about. You just don't feel good enough on data scientist. And so they were basically like superpowers within the company of like, these guys can do basically anything. Sort. Great to chat. 00:00 00:00. But, other things. His links: Blog, Twitter, Medium, Instagram. Activity 4 Made 3 Hunted 717 Following 886 Followers. So then it might be that Yeah, aggression is attainable. The bundling, or the unbundling seems nothing really slowly. And so they're using causal for that. Yeah, that's automated things. It's us, Ali and Taimur Abdaal, occasionally joined by guests, talking about things to help us think, do, and be better. Taimur Abdaal. And what are you just telling people where they can find you and causal and advance? So for example, Photoshop, you know, 10 years ago, would let you manipulate images without having to know how to do graphics programming. Now, they basically want to have like a type form on their website, where the customer enters some details, you know, here's how many users I'll have. Yeah, so I think like, I'm still, the thing I'm still trying to figure out is like, you hear all this stuff about, like, you hear a bunch of you're saying, like, everyone should learn to code. The trend in engineering towards block based building. Your submission has been received! So far, I started off working as a data scientist, I was the first employee at a company called retool. I spoke to someone inset last, who was a data scientist, they do data analysis, basically. Awesome, what are some of the main use case you're using for that? That's what Yeah. So anything related to doing calculations, visualizing data, and communicating numbers to other people, we want to be a much better way to do that than spreadsheets. I'm sure. I do wonder when it's gonna be some sort of software developer, I think, developer or engineer seems like, it's just like no good engineer. Upvotes (28) Daybridge. Taimur is a data scientist and writer, working on his own startup Causal. That That kind of thing? Einer von ihnen ist Lukas Köbis. And then brands start like getting them. Submit your company and talk to us about partner opportunities. Productivity. And I feel like there's, there's probably like a, a somewhat coding style skill set that it's still useful to have. That's That's the problem. Yeah. Now, I'd say since like, January of this year, it's been at a state where people have actually been using it in production for for work stuff. Do you think there's something there's something there and make it past us to be? But most people's eyes will just kind of glaze over, there'll be a lot of numbers a lot going on. But I think a few products like Zapier probably heralded the movements quite significantly, even if a lot of these tools like Wix and stuff have been around for quite a while. And so basically, every niche, there's going to be some form of forecasting or number crunching. I think we'll, we'll look, basically wait for Yeah, from Dante's interested? Yeah. And I'll see how it runs. I'm the co-founder and CEO of Causal, trying to replace spreadsheets. I just, I wish I'd spent less time trying to make a quick buck with schemes and bit more time just trying to build something beautiful. Awesome. So I think spreadsheets are great. And, yeah, there's no specific role for that. But keep in mind within their own little thing. Hey, Ben, very happy to be here. Mostly, I'm trying to do some sort of pivot table of some sort. And the other side is like, I do care because I don't want that roles. Yeah. Causal helps you build financial models effortlessly and share them with interactive, visual dashboards in a way that everyone will understand. Is it? So maybe it's. Yes, calculators and stuff we definitely get on the summer on tutorials and things of that and we can start running some. And I'll be watching those logs. Oops! Causal uses Monte Carlo simulationto show you the range of possible outcomes of your model. There's a weird media. In this episode, Ben and Taimur discuss... - The main use cases for Causal at startups - The trend in engineering towards block based building. I like what he started looks like feels like, I want to do my own thing. Like, as a teenager, I was always trying to like, make a quick buck with various online schemes and stuff. 00:00 00:00. Yeah, we're actually we're actually, we're actually talking to a customer who wants to do exactly that right. Yeah, so you can find me at Twitter at Tim, ragdoll. I think like the, the most recent kind of wave of, of no code and kind of the sort of movement. Taimur Abdaal. Some of the more detailed Facebook data (e.g. Yes. Yes, I think for us, it's mostly been inbound so far, I think. And then, yeah, so we're looking to do things with like Zapier integrations and things like that. You know a bit about their business already: they did $250k in revenue last month, and the average customer spends $100 on their store. So right. #startup, #friends, #data, #design, #ui, #animation, #learning +5. So I've kind of always want to do my own thing. And then there's tools that kind of run down this community that kaggle came in about data centers and pushing forward on other people. There's like a big debate, what do we call it? Most of the data comes from https://levels.fyi. Taimur Abdaal is the co-founder and CEO of Causal. People like Greg Rosenberg doing a little startup studio, which I think it would be interesting. I mean, it feels like I mean, the whole history of software has kind of been about like no code. Causal helps you build financial models effortlessly and share them with interactive, visual dashboards in a way that everyone will understand. A calendar built for people, not companies. Primary Investor Type. Maybe no, like sequel or negative JavaScript or something. And so it feels like the sort of yet doing things you couldn't do before.