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SaaS Interviews with CEOs, Startups, Founders

1596 How He Got His First 700 Customers at $2/seat for Scrum Slack Bot

SaaS Interviews with CEOs, Startups, Founders

Nathan Latka

Ceo, Entrepreneurs, Founders, Software, Business, Entrepreneurship, Saas, Startups

4.6683 Ratings

🗓️ 7 December 2019

⏱️ 10 minutes

🧾️ Download transcript

Summary

Since 16 I earn money online, at 34 haven’t worked for anyone.

In 2014 I moved to the south of Russia to open a co-working space by the sea. Later, it became a school of robotics for children.

In 2016 I co-founded Standuply, one of the most popular Slack bots.

Transcript

Click on a timestamp to play from that location

0:00.0

Team of Seven in Siberia. He's building this tool called stand-uply, which is essentially a scrum bot for Slack.

0:05.9

Helps you manage kind of your two-week sprints, your stand-ups, all that stuff, all via Slack.

0:11.0

Founded it in 2016. They're now doing out $15,000 per month in revenue.

0:16.2

They get that revenue because 700 customers or logos pay him for about six seats, six seats each. Each seat is a

0:24.7

minimum of $2 in terms of the price point. That goes up to three or four bucks per seat, but scaling

0:29.3

nicely, zero percent net revenue churn per month. Hello everyone. My guest today is Alex Kistenev.

0:37.2

He has been earning money online since he was 16 and net 34 he hasn't ever worked for anybody.

0:44.3

In 2014, he moved to the south of Russia to open a co-working space near the sea.

0:48.3

Later it became a school of robotics for children.

0:51.3

In 2016, he co-founded Stand-Upley, one of the most popular SlackBots.

0:56.8

That's what we'll talk about today. Alex, are you ready to take us to the top?

1:00.6

Yeah, let's do it. All right. Let me get one thing straight first, stand-uply. Is this a side

1:05.7

project? You know, it's a SlackBot, or are you actually making money on this? Well, first it's a full-time project for me and I've been working on that for the past two years.

1:16.4

And recently it became profitable so I can name it as a real business today.

1:22.7

That's great.

1:23.6

Okay, so you founded it in 20, you said, 2015?

1:26.6

2016. 2016. Okay, and you said, 2015? 2016.

1:28.2

2016.

1:28.9

Okay, and you said it's profitable today.

1:30.3

That's great.

1:30.8

Tell us what it does and what people are paying for.

1:34.2

Sure.

...

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