Stock Alarm

“At the end of the year, like, we're just three people, we're not, we weren't optimizing for acquisitions, right? So at the end of the year, we're trying, like, it's a partnership, we're trying to reduce our tax bills, so we just spend it on stuff. Or like pay …”

“Actually I was not, I did not start Stock Alarm originally. I actually joined when it was still like a hundred, MRR, roughly.”

“Alright, I'm here with Yahia, who recently got acquired for Half million dollars for a startup called Stock Alarm.”

“And it was taking up a lot of headspace because with something like this you're always on call and it's a very like real time product in a sense. So like Friday night, if there's an outage, for example, and suddenly you're calling like tens of thousands of peo…”

“So there was a lot of things that we were also interested in other than just cash. So like some buyers were like, Hey, we want you to spend three months onboarding our team afterwards. Right. And even if they're offering more, we wouldn't necessarily be intere…”

“Our RR, like, tripled in one month. That was, like, one of our best months ever.”

“You're like struggling so hard to get people to pay like five dollars a month for an app. Meanwhile, businesses could be like, 40 dollars a month easily for like a SaaS thing or whatnot. Which also makes it really hard to get past that first, like a hundred MR…”

“Because we had a couple of hundred wealth management firms using it on individual plans, right? Like one person from this firm or one person from that firm.”

“Like I think an under like start to finish and one where I started looking seriously was like three and a half months.”

“So the phone call feature was the main thing that kind of hooked people in. We added phone calls, like, I think like eight months before we added text messages, for example. So phone calls were in v-zero of the app, right? And then later on, we added texts, wh…”