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Aayush Jain

๐Ÿ‘ค Speaker
115 total appearances

Appearances Over Time

Podcast Appearances

SaaS Interviews with CEOs, Startups, Founders
1275 25 Year Old Hits $10k in MRR with his 3 Friends as Co-Founders

So we started that company in around April, 2016, and then got acquired by in around June, 2017.

SaaS Interviews with CEOs, Startups, Founders
1275 25 Year Old Hits $10k in MRR with his 3 Friends as Co-Founders

And the health OS business that we started for API is that we started around in March, 2016.

SaaS Interviews with CEOs, Startups, Founders
1275 25 Year Old Hits $10k in MRR with his 3 Friends as Co-Founders

Yeah, definitely, definitely.

SaaS Interviews with CEOs, Startups, Founders
1275 25 Year Old Hits $10k in MRR with his 3 Friends as Co-Founders

A lot less than a million dollars.

SaaS Interviews with CEOs, Startups, Founders
1275 25 Year Old Hits $10k in MRR with his 3 Friends as Co-Founders

No, it's way less than that, yeah.

SaaS Interviews with CEOs, Startups, Founders
1275 25 Year Old Hits $10k in MRR with his 3 Friends as Co-Founders

Got it.

SaaS Interviews with CEOs, Startups, Founders
1275 25 Year Old Hits $10k in MRR with his 3 Friends as Co-Founders

But, yeah.

SaaS Interviews with CEOs, Startups, Founders
1275 25 Year Old Hits $10k in MRR with his 3 Friends as Co-Founders

Okay.

SaaS Interviews with CEOs, Startups, Founders
1275 25 Year Old Hits $10k in MRR with his 3 Friends as Co-Founders

So basically, the underlying premise within which we are working for GreenDeck is to help companies with their pricing.

SaaS Interviews with CEOs, Startups, Founders
1275 25 Year Old Hits $10k in MRR with his 3 Friends as Co-Founders

We see that companies use a lot of data-backed decisions to make decisions when it comes to user acquisition, marketing, and all this stuff.

SaaS Interviews with CEOs, Startups, Founders
1275 25 Year Old Hits $10k in MRR with his 3 Friends as Co-Founders

But still, pricing takes a backseat.

SaaS Interviews with CEOs, Startups, Founders
1275 25 Year Old Hits $10k in MRR with his 3 Friends as Co-Founders

And often, we have seen in many companies, pricing is still a guesswork.

SaaS Interviews with CEOs, Startups, Founders
1275 25 Year Old Hits $10k in MRR with his 3 Friends as Co-Founders

Pricing is one of the most important levers that impacts the profitability of a company.

SaaS Interviews with CEOs, Startups, Founders
1275 25 Year Old Hits $10k in MRR with his 3 Friends as Co-Founders

Even if 1% change in pricing can lead to 10-15% increase in net profit.

SaaS Interviews with CEOs, Startups, Founders
1275 25 Year Old Hits $10k in MRR with his 3 Friends as Co-Founders

So we thought, why is it that we can't help these companies to make data-based pricing decisions?

SaaS Interviews with CEOs, Startups, Founders
1275 25 Year Old Hits $10k in MRR with his 3 Friends as Co-Founders

That's when we started working on this concept.

SaaS Interviews with CEOs, Startups, Founders
1275 25 Year Old Hits $10k in MRR with his 3 Friends as Co-Founders

We started off with an altogether different vertical that was gaming industry.

SaaS Interviews with CEOs, Startups, Founders
1275 25 Year Old Hits $10k in MRR with his 3 Friends as Co-Founders

So we built an AI engine that helps these gaming studios implement dynamic pricing in in-app purchases.

SaaS Interviews with CEOs, Startups, Founders
1275 25 Year Old Hits $10k in MRR with his 3 Friends as Co-Founders

Correct.

SaaS Interviews with CEOs, Startups, Founders
1275 25 Year Old Hits $10k in MRR with his 3 Friends as Co-Founders

So, you know, these companies can sort of dynamically price these virtual items, which people buy from hard cash.