4.6 • 683 Ratings
🗓️ 20 May 2020
⏱️ 18 minutes
🧾️ Download transcript
Started career in banking. Now 3x SaaS founder for Beamer, Hibox and Joincube. Love running hyper lean bootstrapped B2B SaaS companies outside of SF. Have been based in Spain and Chile. Moving to Boulder shortly.
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0:00.0 | Getbeamer.com helps companies with chain logs communicating to their customers, what's been |
0:04.5 | updated, what changes, what new things they can use. They launched back in 2018. They're bootstrapped. |
0:08.9 | They do about $55,000 a month in revenue and take $24,000 a month to the bottom line, highly |
0:12.8 | profitable. Today, relying on 75% organic growth. The other is really SEO or very little on paid, |
0:18.9 | less than 300 bucks per month. Team of five people, two engineers continue to grow about 2% monthly churner, |
0:24.2 | about 24% annual as they look to continue to scale effectively and profitably. |
0:29.6 | Hello, everyone. My guest today is Spencer Coon. He started his career in banking. He is now a |
0:33.9 | three-time SaaS founder for Beamer, Highbox, and Join Cube. He loves running hyperin bootstrap B2B SaaS companies outside of San Francisco and's been based in Spain and Chile and moving to Boulder, Colorado here shortly. |
0:46.2 | Spencer, you ready to take us to the top? |
0:48.0 | Yeah, let's do it. |
0:48.9 | All right, so Beamer is your current baby. |
0:50.7 | What's the company doing? |
0:51.8 | Is it a peer play SaaS model? Yes, it is a peer place SaaS and |
0:55.7 | Beamer is essentially a change log and notification center that mostly SaaS companies can use to |
1:01.6 | notify their users in-app about their latest product updates and get feedback. What does that mean in-app? |
1:06.9 | Is this for like mobile applications only or is it more like an intercom competitor, |
1:10.7 | specifically for their notification function? Yeah, it's typically for web apps, but we have a ton of |
1:15.1 | customers that also use Beamer in mobile apps as well. So it can be either. So this is again, |
1:19.8 | if people are looking like what are you replacing right now for the customers that have started |
1:23.0 | adopting you, what are they replacing you with Or sorry, what are they replacing with you? |
1:29.1 | Yeah, totally. |
1:30.0 | So basically it's a way for them to, with no code required, build a what's new or |
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