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Bruce Pon

๐Ÿ‘ค Speaker
144 total appearances

Appearances Over Time

Podcast Appearances

SaaS Interviews with CEOs, Startups, Founders
782: Crypto: With $50k MRR, He's Buildling Crypto Database To Track Accuracy

Right now we're at 20 people.

SaaS Interviews with CEOs, Startups, Founders
782: Crypto: With $50k MRR, He's Buildling Crypto Database To Track Accuracy

We've raised around six million US dollars, six, seven million.

SaaS Interviews with CEOs, Startups, Founders
782: Crypto: With $50k MRR, He's Buildling Crypto Database To Track Accuracy

So open source software is traditionally a dual license model.

SaaS Interviews with CEOs, Startups, Founders
782: Crypto: With $50k MRR, He's Buildling Crypto Database To Track Accuracy

One's an open source license, and the other one is if you want to use an enterprise in production with support, you pay an enterprise license.

SaaS Interviews with CEOs, Startups, Founders
782: Crypto: With $50k MRR, He's Buildling Crypto Database To Track Accuracy

So that's a model that we're looking at.

SaaS Interviews with CEOs, Startups, Founders
782: Crypto: With $50k MRR, He's Buildling Crypto Database To Track Accuracy

We've already been getting revenue based on that one.

SaaS Interviews with CEOs, Startups, Founders
782: Crypto: With $50k MRR, He's Buildling Crypto Database To Track Accuracy

And then also there might be additional revenue models.

SaaS Interviews with CEOs, Startups, Founders
782: Crypto: With $50k MRR, He's Buildling Crypto Database To Track Accuracy

There's this whole ICO craze going on.

SaaS Interviews with CEOs, Startups, Founders
782: Crypto: With $50k MRR, He's Buildling Crypto Database To Track Accuracy

Perhaps there's a way that we can play a role in that.

SaaS Interviews with CEOs, Startups, Founders
782: Crypto: With $50k MRR, He's Buildling Crypto Database To Track Accuracy

Right now, because of the nature of blockchain, what we'd be doing is like a SaaS model, monthly subscription for the enterprise kind of capabilities and features.

SaaS Interviews with CEOs, Startups, Founders
782: Crypto: With $50k MRR, He's Buildling Crypto Database To Track Accuracy

We looked at per transaction, but that starts extracting kind of rent in a non-healthy way.

SaaS Interviews with CEOs, Startups, Founders
782: Crypto: With $50k MRR, He's Buildling Crypto Database To Track Accuracy

So, yes, we grow with the network and it's easier for small companies to join up.

SaaS Interviews with CEOs, Startups, Founders
782: Crypto: With $50k MRR, He's Buildling Crypto Database To Track Accuracy

But if you're talking like millions and millions, yeah, millions and billions of transactions, then we're starting to get almost an unfair amount of money.

SaaS Interviews with CEOs, Startups, Founders
782: Crypto: With $50k MRR, He's Buildling Crypto Database To Track Accuracy

We just released 1.0 this week.

SaaS Interviews with CEOs, Startups, Founders
782: Crypto: With $50k MRR, He's Buildling Crypto Database To Track Accuracy

We're really proud of it.

SaaS Interviews with CEOs, Startups, Founders
782: Crypto: With $50k MRR, He's Buildling Crypto Database To Track Accuracy

In terms of getting to our customers, blockchain skill sets are really rare.

SaaS Interviews with CEOs, Startups, Founders
782: Crypto: With $50k MRR, He's Buildling Crypto Database To Track Accuracy

So what we do is we do premium support, and that premium support really is premium.

SaaS Interviews with CEOs, Startups, Founders
782: Crypto: With $50k MRR, He's Buildling Crypto Database To Track Accuracy

It's more than your typical consulting days, but within there is additional software and features that we're building in beta that our enterprise customers have access to.

SaaS Interviews with CEOs, Startups, Founders
782: Crypto: With $50k MRR, He's Buildling Crypto Database To Track Accuracy

Yeah, about five to six figures.

SaaS Interviews with CEOs, Startups, Founders
782: Crypto: With $50k MRR, He's Buildling Crypto Database To Track Accuracy

Okay.