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Eric Adler

๐Ÿ‘ค Speaker
227 total appearances

Appearances Over Time

Podcast Appearances

SaaS Interviews with CEOs, Startups, Founders
FlumeWater Sells 10k Units at $200 With SaaS Upsell

You know, I'm not too confident in what the economy is going to be like a year from now.

SaaS Interviews with CEOs, Startups, Founders
FlumeWater Sells 10k Units at $200 With SaaS Upsell

So we're trying to be careful with our burn.

SaaS Interviews with CEOs, Startups, Founders
FlumeWater Sells 10k Units at $200 With SaaS Upsell

I'm also looking at potentially raising some more money here soon.

SaaS Interviews with CEOs, Startups, Founders
FlumeWater Sells 10k Units at $200 With SaaS Upsell

So weighing in a few different factors to how we grow.

SaaS Interviews with CEOs, Startups, Founders
FlumeWater Sells 10k Units at $200 With SaaS Upsell

You know, we're burning, but that's not including revenue.

SaaS Interviews with CEOs, Startups, Founders
FlumeWater Sells 10k Units at $200 With SaaS Upsell

So that's just, I'm just saying.

SaaS Interviews with CEOs, Startups, Founders
FlumeWater Sells 10k Units at $200 With SaaS Upsell

Our net burn, I'm not gonna give you exact numbers on it, but it's about half that.

SaaS Interviews with CEOs, Startups, Founders
FlumeWater Sells 10k Units at $200 With SaaS Upsell

So we have the ability to last for quite a while.

SaaS Interviews with CEOs, Startups, Founders
FlumeWater Sells 10k Units at $200 With SaaS Upsell

We're doing fine on burn, yeah.

SaaS Interviews with CEOs, Startups, Founders
FlumeWater Sells 10k Units at $200 With SaaS Upsell

We have more runaway.

SaaS Interviews with CEOs, Startups, Founders
FlumeWater Sells 10k Units at $200 With SaaS Upsell

Yeah.

SaaS Interviews with CEOs, Startups, Founders
FlumeWater Sells 10k Units at $200 With SaaS Upsell

Yeah, we have no churn right now because we're not talking about customers paying a monthly fee for the product.

SaaS Interviews with CEOs, Startups, Founders
FlumeWater Sells 10k Units at $200 With SaaS Upsell

So once it's installed, we own that customer, we're in that house.

SaaS Interviews with CEOs, Startups, Founders
FlumeWater Sells 10k Units at $200 With SaaS Upsell

What we're focused on doing is keeping our engagement incredibly high.

SaaS Interviews with CEOs, Startups, Founders
FlumeWater Sells 10k Units at $200 With SaaS Upsell

On average right now, we have customers that are checking in on the app about once every two days.

SaaS Interviews with CEOs, Startups, Founders
FlumeWater Sells 10k Units at $200 With SaaS Upsell

There's two customers.

SaaS Interviews with CEOs, Startups, Founders
FlumeWater Sells 10k Units at $200 With SaaS Upsell

So there's the utility and there's the homeowner.

SaaS Interviews with CEOs, Startups, Founders
FlumeWater Sells 10k Units at $200 With SaaS Upsell

But right now I'm talking about the homeowner themselves because that's really where most of our effort is focused.

SaaS Interviews with CEOs, Startups, Founders
FlumeWater Sells 10k Units at $200 With SaaS Upsell

So we have homeowners that are logging in about once every two days, checking in on their home, making sure they don't have any leaks.

SaaS Interviews with CEOs, Startups, Founders
FlumeWater Sells 10k Units at $200 With SaaS Upsell

So the engagement is really high.