Arun Saigal
๐ค SpeakerAppearances Over Time
Podcast Appearances
We're talking usually five figure, kind of high five figures.
Got it.
So what we are really, what our, I mean, long-term business model is definitely to charge kind of for a premium product.
So the basic product is free.
If you're trying to build an app, you use us and it's great.
But if you want, you know, if you're trying to make money off of us, if you're trying to get analytics, all those kinds of things, you need help launching to the Play Store, to iTunes, those kinds of things you'll pay us for.
And to your question of when turn on the money, it was basically when, you know, it's time to actually turn on those features.
That's when we turn on the revenue.
And so that's coming in the next few months because those are things now that our users are sophisticated enough and saying, hey, I really want these added features.
We say, no problem.
We're going to build them for you and then we'll charge you a small fee to actually utilize them.
Absolutely.
So one of the things that we found was that, you know, as you said, my background is as a software engineer, I built a bunch of mobile apps for a variety of companies and found that, you know, me as one person, I can build an app and I can help solve, you know, a very specific problem.
What we discovered is on our platform.
We've seen people build millions of apps to solve problems that we didn't even know existed.
So just to give you a quick example, in 2015, the country of Yemen kind of broke out into civil war.
The power grid wasn't very reliable, so people started going to solar power.
Well, one of the problems people had with the solar panels was they didn't know when to tilt them during the day.
They didn't know how much energy they had, etc.
So there was a young guy in Yemen who found Thunkable, built an app on us, and now there are about 100,000 families in Yemen who manage their solar power through this app that this guy who didn't know how to code built on our product.