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Isaac Hayes III

๐Ÿ‘ค Speaker
196 total appearances

Appearances Over Time

Podcast Appearances

SaaS Interviews with CEOs, Startups, Founders
Fanbase Helps Creators Monetize, 200k Downloads, $300k in Total Volume

I don't count that money because it never shows up.

SaaS Interviews with CEOs, Startups, Founders
Fanbase Helps Creators Monetize, 200k Downloads, $300k in Total Volume

But we don't see that though.

SaaS Interviews with CEOs, Startups, Founders
Fanbase Helps Creators Monetize, 200k Downloads, $300k in Total Volume

You understand what I'm saying?

SaaS Interviews with CEOs, Startups, Founders
Fanbase Helps Creators Monetize, 200k Downloads, $300k in Total Volume

I don't see the money that Apple takes.

SaaS Interviews with CEOs, Startups, Founders
Fanbase Helps Creators Monetize, 200k Downloads, $300k in Total Volume

Yeah.

SaaS Interviews with CEOs, Startups, Founders
Fanbase Helps Creators Monetize, 200k Downloads, $300k in Total Volume

But also the users don't always cash out their revenue.

SaaS Interviews with CEOs, Startups, Founders
Fanbase Helps Creators Monetize, 200k Downloads, $300k in Total Volume

So we pay once a month, right?

SaaS Interviews with CEOs, Startups, Founders
Fanbase Helps Creators Monetize, 200k Downloads, $300k in Total Volume

So people have to enter their payment information and say, I want to receive my money.

SaaS Interviews with CEOs, Startups, Founders
Fanbase Helps Creators Monetize, 200k Downloads, $300k in Total Volume

I want to pull the money out.

SaaS Interviews with CEOs, Startups, Founders
Fanbase Helps Creators Monetize, 200k Downloads, $300k in Total Volume

And once they do that, then they get paid.

SaaS Interviews with CEOs, Startups, Founders
Fanbase Helps Creators Monetize, 200k Downloads, $300k in Total Volume

But a lot of users also haven't actually asked to get paid.

SaaS Interviews with CEOs, Startups, Founders
Fanbase Helps Creators Monetize, 200k Downloads, $300k in Total Volume

And then also, we only pay out anything over $50 too as well.

SaaS Interviews with CEOs, Startups, Founders
Fanbase Helps Creators Monetize, 200k Downloads, $300k in Total Volume

So you have to make over $50 to get paid.

SaaS Interviews with CEOs, Startups, Founders
Fanbase Helps Creators Monetize, 200k Downloads, $300k in Total Volume

That's another benchmark that you have to do.

SaaS Interviews with CEOs, Startups, Founders
Fanbase Helps Creators Monetize, 200k Downloads, $300k in Total Volume

So most users are actually... There's a bunch of money stuck in the app, basically.

SaaS Interviews with CEOs, Startups, Founders
Fanbase Helps Creators Monetize, 200k Downloads, $300k in Total Volume

Yeah.

SaaS Interviews with CEOs, Startups, Founders
Fanbase Helps Creators Monetize, 200k Downloads, $300k in Total Volume

Until people decide they want to take it.

SaaS Interviews with CEOs, Startups, Founders
Fanbase Helps Creators Monetize, 200k Downloads, $300k in Total Volume

No.

SaaS Interviews with CEOs, Startups, Founders
Fanbase Helps Creators Monetize, 200k Downloads, $300k in Total Volume

I mean, well, probably more than that.

SaaS Interviews with CEOs, Startups, Founders
Fanbase Helps Creators Monetize, 200k Downloads, $300k in Total Volume

And I'm not like, yeah, more than that.