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Beans: TextingBase operates with a five-person team

Eric Beans · 776: TextingBase Shares Margins, Cap Table, Valuation, More · Sep 8, 2017 · at 9:46

TextingBase founder Eric Beans breaks down his core team composition and headcount to host Nathan Latka.

0:00 / 0:11exact quote · 12.0s
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“We have a, an engineer up in Maryland who does back-end work in programming. We have a programmer down in Orlando user interface professional in Orlando an attorney that I'm married to and myself.”

quote is from the automated transcript, cleaned for reading: filler sounds and stutters are removed, nothing is rephrased. names can be misheard (the analysis reads context, assessments check outside sources). how →

More from Eric Beans

Assertion Not checkable as stated
Beans: TextingBase is approaching 500 customers
“We're approaching 500.”
Eric Beans Sep 8, 2017 ▶ 3:55 776: TextingBase Shares Margins, Cap Table, Valuation, More
Assertion Not checkable as stated
Beans: TextingBase generates $20K to $25K in MRR
“It's in that area. That's a very solid Virginia tech math.”
Eric Beans Sep 8, 2017 ▶ 4:12 776: TextingBase Shares Margins, Cap Table, Valuation, More
Disclosure
Eric Beans: TextingBase has raised $262,000 in outside capital
“262,000 dollars.”
Eric Beans Sep 8, 2017 ▶ 4:33 776: TextingBase Shares Margins, Cap Table, Valuation, More
Disclosure
Beans: Former AOL COO Kimberly Partoll invested in TextingBase
“You know, we have the former COO of AOL is, is one of our investors.”
Eric Beans Sep 8, 2017 ▶ 4:51 776: TextingBase Shares Margins, Cap Table, Valuation, More
Assertion Not checkable as stated
TextingBase marks up $0.006 wholesale SMS costs to $0.04 per text
“If our cost per message is about a .6 of a penny and we're charging four cents a penny you know, that's kind of a text. Four cents a text.”
Eric Beans Sep 8, 2017 ▶ 6:02 776: TextingBase Shares Margins, Cap Table, Valuation, More
Assertion Not checkable as stated
Beans: TextingBase committed to $12,000 annually with Twilio for volume pricing
“That's our minimum. That's just our 12,000 dollars a year is what we've committed to Twilio.”
Eric Beans Sep 8, 2017 ▶ 8:58 776: TextingBase Shares Margins, Cap Table, Valuation, More
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