4.6 • 683 Ratings
🗓️ 31 December 2019
⏱️ 14 minutes
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0:00.0 | Fluid UI now serving 18,000 customers over 750,000 free signups. |
0:04.3 | They each pay about 15 bucks a month for about 250 grand a month in revenue. |
0:08.2 | The problem is churns too high, and that's kind of a nature of the prototyping tool, right? |
0:12.1 | So they've been flat year over year, but they are cash flow positive, 500,000 bucks raised, |
0:15.9 | team of eight between Dublin and Poland, looking at new products to add on to really kind of expand |
0:20.4 | revenue, get new customers, looking at new products to add on to really kind of expand revenue, |
0:22.1 | get new customers, going to new spaces. |
0:25.3 | Currently on the current, again, on the current product, spending about 40 bucks to get a new customer, so about a three-month payback period. |
0:28.3 | Hello, everybody. |
0:28.9 | My guest today is Dave Carney. |
0:30.9 | He's the founder of a company called FluidUI.com, a software prototyping tool that has |
0:34.8 | helped over a quarter of a million product managers, entrepreneurs and product visionaries to create and communicate their ideas. |
0:40.3 | He cares most about great usability-efficient product development processes and socially |
0:44.8 | responsible companies. Dave, are you ready to take us to the top? |
0:48.2 | I am indeed. |
0:49.0 | Okay, so should people think of this kind of like a mock-up tool or a prototyping tool or how do you |
0:52.5 | think about it? |
0:53.7 | Yeah, I mean, fluid-wise a prototyping tool, mainly focused on kind of like a mock-up tool or a prototyping tool or how do you think about it? Yeah, I mean, Fluidua is a prototyping tool, mainly focused on kind of product designers, |
0:59.7 | product managers, and early stage entrepreneurs. Okay. And the way that you make money so you can |
1:04.3 | support and reinvest in growth is what? Is it a SaaS company? It's a SaaS company. It's a monthly |
1:08.9 | subscription, yeah. I see. Okay, so kind of give us an |
1:11.4 | idea. On average, what do people pay for a month for this? So the base price is $15 a month or $100 a |
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