Fider
product on 2 shows · 6 statements across 1 episodes · said 27 times in 2 episodes since 2024
Startup Acquisition Stories 26 
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Startup Acquisition Stories 26Starter Story 1
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6 statements about Fider, every show
Oenning: Fider's initial hosted version cost $5 per month to run
“It cost me like five dollars per month to run it. I just want to get users and get feedback from that. So that's why I made it free.”
Oenning acquired Fider's first users by sharing the open-source project on Reddit
“So I think the first few came from Reddit. I was building this. I shared it on a few Reddit communities, and because it was an open source product, I wasn't really monetizing it because it was kind of easy to get a little bit of traction in the beginning.”
Fider reached $1,000 MRR on autopilot after transitioning from free to paid
“So, I think I got to, like, around thousand MRR. From that going from free to paid, which is not a lot, but at the same time, from someone who is not getting anything on this site, brother, to getting a thousand dollars from, was paying my mortgage, basically,…”
Running four autopilot SaaS products simultaneously creates excessive mental overhead
“When I decided to sell the visa, I had four products running, and I think that's one of the main mistakes. I learned a lot, but running four products a lot, even though this was on autopilot, one of the other ones was also kind of autopilot-ish, but two of the…”
Fider reached an agreed sale on Acquire.com in just two weeks
“And I think I have noticed here that it took like two weeks to go from publishing on Acquire to Sale Agreed.”