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How do you earn so much money? I didn't think that starting a startup brought you so much money. Of course, getting clients is not an easy task, but at the same

How do you earn so much money? I didn't think that starting a startup brought you so much money. Of course, getting clients is not an easy task, but at the same time, I see that they are the businesses that attract more customers.

deleted 7y ago
[deleted]
IshKebab 7y ago
Get to the front page of HN I guess?
Topgamer7 7y ago
He only has 322 customers. Tech generally has good profit margins. The cost of hosting a server is cheap, and can usually accommodate up to millions of requests a second. One of the risks of starting a start up is there is no demand for your service (among a million other factors for success).
- manigandham 7y ago
  You may have misstated this as commodity hardware is very capable these days but "millions of requests a second" is never cheap.
  - Avtomat_K 7y ago
    Hardware purchase is very expensive, but web hosting does not usually reach very high prices.
dinkleberg 7y ago
Since when is $4k MRR a lot of money? They are off to a great start, but that is far from making it.
- michaelbuckbee 7y ago
  Agreed, and given available data from Baremetrics, that's actually quite a bit above average: https://baremetrics.com/blog/how-fast-saas-companies-hit-arr-milestones https://baremetrics.com/blog/how-fast-saas-companies-hit-arr... On average it takes a company a year(ish) to hit $4kMRR. EDIT: I mistakenly thought they launched on Oct 2019, but a comment further down puts launch at Dec 2018. Which means they're doing well but not spectacularly...which means they maybe should raise prices.
  - rhacker 7y ago
    Or lower prices and expand the base??
    - michaelbuckbee 7y ago
      From my view, their pricing is still mostly in the "sticky" area between free and the hassle of pulling out your wallet (or getting accounting) to pay for the service. They are charging on average $12/mo - to a business with hundreds of thousands of visitors a month, that's sophisticated enough to consider tracking implications, etc. that's indistinguishable from a monetary point of view from $50/mo.
- t0mas88 7y ago
  Not a lot of money for where Simple Analysis is based (Netherlands). A reasonably talented developer with a few years experience makes more than that, especially if you consider social security, pension etc being included in a typical job. But a company has to start somewhere, if they keep up the growth it could get to significant revenue within this year.
  - Avtomat_K 7y ago
    Oh sorry, I am a developer but I forgot to take into account the cost of living too, in my country the minimum salary for a junior developer is 400 dollars, taking into account the cost of living, only the rent and basic services cover almost 3 / 4 of the salary. I don't know how the cost of living in the Netherlands will be, but in my country it is very expensive.
cercatrova 7y ago
Check out https://indiehackers.com https://indiehackers.com, there are a lot more startups making big money than you think. Specifically, this page: https://www.indiehackers.com/products?sorting=highest-revenue https://www.indiehackers.com/products?sorting=highest-revenu...
- Avtomat_K 7y ago
  You definitely make a lot more money, some companies also surprised me with how quickly they make money after the first year.

deleted 7y ago

[deleted]

IshKebab 7y ago

Get to the front page of HN I guess?

Topgamer7 7y ago

He only has 322 customers. Tech generally has good profit margins. The cost of hosting a server is cheap, and can usually accommodate up to millions of requests a second. One of the risks of starting a start up is there is no demand for your service (among a million other factors for success).

manigandham 7y ago
You may have misstated this as commodity hardware is very capable these days but "millions of requests a second" is never cheap.
- Avtomat_K 7y ago
  Hardware purchase is very expensive, but web hosting does not usually reach very high prices.

dinkleberg 7y ago

Since when is $4k MRR a lot of money? They are off to a great start, but that is far from making it.

michaelbuckbee 7y ago
Agreed, and given available data from Baremetrics, that's actually quite a bit above average: https://baremetrics.com/blog/how-fast-saas-companies-hit-arr-milestones https://baremetrics.com/blog/how-fast-saas-companies-hit-arr... On average it takes a company a year(ish) to hit $4kMRR. EDIT: I mistakenly thought they launched on Oct 2019, but a comment further down puts launch at Dec 2018. Which means they're doing well but not spectacularly...which means they maybe should raise prices.
- rhacker 7y ago
  Or lower prices and expand the base??
  - michaelbuckbee 7y ago
    From my view, their pricing is still mostly in the "sticky" area between free and the hassle of pulling out your wallet (or getting accounting) to pay for the service. They are charging on average $12/mo - to a business with hundreds of thousands of visitors a month, that's sophisticated enough to consider tracking implications, etc. that's indistinguishable from a monetary point of view from $50/mo.
t0mas88 7y ago
Not a lot of money for where Simple Analysis is based (Netherlands). A reasonably talented developer with a few years experience makes more than that, especially if you consider social security, pension etc being included in a typical job. But a company has to start somewhere, if they keep up the growth it could get to significant revenue within this year.
- Avtomat_K 7y ago
  Oh sorry, I am a developer but I forgot to take into account the cost of living too, in my country the minimum salary for a junior developer is 400 dollars, taking into account the cost of living, only the rent and basic services cover almost 3 / 4 of the salary. I don't know how the cost of living in the Netherlands will be, but in my country it is very expensive.

cercatrova 7y ago

Check out https://indiehackers.com https://indiehackers.com, there are a lot more startups making big money than you think. Specifically, this page: https://www.indiehackers.com/products?sorting=highest-revenue https://www.indiehackers.com/products?sorting=highest-revenu...

Avtomat_K 7y ago
You definitely make a lot more money, some companies also surprised me with how quickly they make money after the first year.