Formula Bot: a weekend no-code app, one Reddit post, and a $4–5K API bill
David Bressler built Excel Formula Bot in Bubble over a weekend. A Reddit post brought 100,000 visitors overnight and a surprise OpenAI bill before pricing was in place.
- Product
- Formula Bot
- Founder
- David Bressler
- Launched
- 2022
- Model
- Freemium subscription
Published · 1 min read · 2 sources
Key takeaways
- Built over a weekend on paternity leave with Bubble, Stripe and SendinBlue, no code written.
- A Reddit post brought 100,000 visitors overnight and a $4,000–5,000 API bill.
- After adding pricing it made $30,000 in its first three months.
What it is
Formula Bot (originally Excel Formula Bot) turns a plain-language description of a spreadsheet problem into the formula that solves it (No Code MBA).
Timeline
All from the No Code MBA case study (No Code MBA):
- Weekend build: a single-page app made in Bubble while Bressler was on paternity leave; Stripe for payments, SendinBlue for email, a $10 domain, Bubble at $25/month (No Code MBA).
- Reddit post: the next morning, 100,000 people had visited overnight, and a surprise $4,000–5,000 API bill arrived (No Code MBA).
- First three months after pricing: $30,000 in revenue (No Code MBA).
- Later: rebranded from Excel Formula Bot to Formula Bot and kept expanding features (No Code MBA).
- 1 Nov 2026: formulabot.com redirects to betteranalyst.com (our own check of the URL), which suggests another rebrand.
Why it worked
- A narrow, painful, searchable problem. Everyone who uses spreadsheets has struggled with a formula.
- Posting where the users already are. Reddit gave instant validation.
- A free plan people share. Productivity fans spread it on Reddit, TikTok, Instagram and Twitter (No Code MBA).
What to learn
- No-code is enough to test demand; ship the single page first.
- Before you post anywhere, cap your API spend. Put usage limits, rate limits or a paywall in place, or a viral day can cost more than it earns.
- He reports spending only about 10% of his time on marketing; the rest goes to the product (No Code MBA).
Risks and what didn't work
- The viral launch arrived before monetisation and produced an unplanned bill (No Code MBA).
- Spreadsheet vendors can add the same capability natively; the original Reddit post is now removed by Reddit's filters (r/SideProject), so some early claims can no longer be checked at the source.
FAQ
Short answers drawn from the sections above.
What is Formula Bot?
Formula Bot (originally Excel Formula Bot) turns a plain-language description of a spreadsheet problem into the formula that solves it (No Code MBA).
Why did Formula Bot work?
- A narrow, painful, searchable problem. Everyone who uses spreadsheets has struggled with a formula.
- Posting where the users already are. Reddit gave instant validation.
- A free plan people share. Productivity fans spread it on Reddit, TikTok, Instagram and Twitter (No Code MBA).
What can indie builders learn from Formula Bot?
- No-code is enough to test demand; ship the single page first.
- Before you post anywhere, cap your API spend. Put usage limits, rate limits or a paywall in place, or a viral day can cost more than it earns.
- He reports spending only about 10% of his time on marketing; the rest goes to the product (No Code MBA).
What didn't work for Formula Bot, and what are the risks?
- The viral launch arrived before monetisation and produced an unplanned bill (No Code MBA).
- Spreadsheet vendors can add the same capability natively; the original Reddit post is now removed by Reddit's filters (r/SideProject), so some early claims can no longer be checked at the source.
Sources
Every link cited above, in order of first use.
- 1.No Code MBA (nocode.mba)
- 2.r/SideProject (reddit.com)
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