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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

I've done research on that.

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

I haven't really compiled our numbers yet.

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

It's a little too early because we've been out for about 18 months to understand how long we're going to keep customers and what an average customer is.

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

Plus, we're getting ready to raise our costs here or our minimum price here in the next couple months.

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

And we just did in the beginning of the year.

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

Right now, what I'm seeing and what I expect is that people will stay with us if we're making them money.

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

We tend to become a lot more...

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

People tend to like us a lot more once they start to make money with our product.

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

We don't have contracts, so we'll see.

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

It's a different type of model because I don't lock people in.

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

I'm hoping that the product does that for them.

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

Um, last month was a higher month because I did actually pay per clicks.

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

I started pay per click, uh, for the first time, but I didn't have any data costs.

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

Um, so we paid, I think 800 and some dollars last month for, uh, for 850 for pay per click costs.

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

I gave some to investors.

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

You know, I've kind of set my minimum at 50.1.

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

I know it's fairly useless because you have voting shares and you can keep control that way.

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

So I'm aware.

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

But that's sort of my target.

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

I have about 20.5 percent of the company available for a capital raise right now.