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Eric Beans

๐Ÿ‘ค Speaker
153 total appearances

Appearances Over Time

Podcast Appearances

SaaS Interviews with CEOs, Startups, Founders
776: TextingBase Shares Margins, Cap Table, Valuation, More

Yes, sir.

SaaS Interviews with CEOs, Startups, Founders
776: TextingBase Shares Margins, Cap Table, Valuation, More

Thank you for having me.

SaaS Interviews with CEOs, Startups, Founders
776: TextingBase Shares Margins, Cap Table, Valuation, More

I really appreciate it.

SaaS Interviews with CEOs, Startups, Founders
776: TextingBase Shares Margins, Cap Table, Valuation, More

It's Chef Beans.

SaaS Interviews with CEOs, Startups, Founders
776: TextingBase Shares Margins, Cap Table, Valuation, More

I was actually a chef on a show that aired in 98 markets.

SaaS Interviews with CEOs, Startups, Founders
776: TextingBase Shares Margins, Cap Table, Valuation, More

Yeah, well, I was never really a chef.

SaaS Interviews with CEOs, Startups, Founders
776: TextingBase Shares Margins, Cap Table, Valuation, More

The person who ran that show, I made food for her at about 12 at night, and I think her taste buds may have been a little bit inflated at that particular moment in time.

SaaS Interviews with CEOs, Startups, Founders
776: TextingBase Shares Margins, Cap Table, Valuation, More

So she invited me on the show.

SaaS Interviews with CEOs, Startups, Founders
776: TextingBase Shares Margins, Cap Table, Valuation, More

I did it, and it was a lot of fun.

SaaS Interviews with CEOs, Startups, Founders
776: TextingBase Shares Margins, Cap Table, Valuation, More

Textingbase is a personalized mass communication platform for texting.

SaaS Interviews with CEOs, Startups, Founders
776: TextingBase Shares Margins, Cap Table, Valuation, More

It's actually very similar to what you do on the email side.

SaaS Interviews with CEOs, Startups, Founders
776: TextingBase Shares Margins, Cap Table, Valuation, More

So we schedule messages, create groups, and reach out to people from local numbers.

SaaS Interviews with CEOs, Startups, Founders
776: TextingBase Shares Margins, Cap Table, Valuation, More

So the magic of our system is it will seem like you wrote messages personally to a lot of people, assuming you write it the right way, and then it becomes a bidirectional chat.

SaaS Interviews with CEOs, Startups, Founders
776: TextingBase Shares Margins, Cap Table, Valuation, More

We make money by charging people a subscription.

SaaS Interviews with CEOs, Startups, Founders
776: TextingBase Shares Margins, Cap Table, Valuation, More

And they get a certain amount of messages per month for that subscription to use the product.

SaaS Interviews with CEOs, Startups, Founders
776: TextingBase Shares Margins, Cap Table, Valuation, More

So it's a pure SAS model.

SaaS Interviews with CEOs, Startups, Founders
776: TextingBase Shares Margins, Cap Table, Valuation, More

50 is our minimum plan.

SaaS Interviews with CEOs, Startups, Founders
776: TextingBase Shares Margins, Cap Table, Valuation, More

And people pay up to thousands, depending on whatever usage they have to do.

SaaS Interviews with CEOs, Startups, Founders
776: TextingBase Shares Margins, Cap Table, Valuation, More

Our mean is 50.

SaaS Interviews with CEOs, Startups, Founders
776: TextingBase Shares Margins, Cap Table, Valuation, More

Yeah, most people go with the min plan and build up from there when they need it.

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