Jeff Solomon, founder of Markup Hero, discusses the pricing model of his screenshot and annotation tool with Nathan Latka.
0:00 / 0:06exact quote · 6.2s
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“Well, on the core product, when you just go to our site, it's like four bucks a month. It's a cheap, very low cost product high volume thing.”
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More from Jeff Solomon
AssertionNot checkable as stated
Solomon: Founders selling for $150M often walk away with only $300k
“I've seen a lot of people sell for one hundred and fifty million bucks and walk away with like 300 grand.”
Jeff SolomonMar 25, 2022▶ 6:15Productivity Tool Profits $15k/mo, Bootstrapped team of 3
Disclosure
Solomon: AppSumo Lifetime Deals Were Highly Profitable for Markup Hero
“We did a big campaign on AppSumo, which gives us some lifetime customers. Right. Which isn't like recurring, but it's still very, very profitable for three guys.”
Jeff SolomonMar 25, 2022▶ 15:18Productivity Tool Profits $15k/mo, Bootstrapped team of 3
AssertionSupported
Solomon: Asana, Notion, and Monday.com Lack Built-In Image Annotation
“And none of the other products have that Asana doesn't have that, you know notion doesn't have that. Like there's so many, any of the product management, monday.com, all these guys.”
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Disclosure
Solomon: Velocify lost 100% of its mortgage clients in 2008
“It was 2008. We were going to go under, like we were entirely mortgage at that company and we cycled through a hundred percent of our clients. They all went belly up.”
Jeff SolomonMar 25, 2022▶ 6:49Productivity Tool Profits $15k/mo, Bootstrapped team of 3
AssertionNot checkable as stated
Solomon: Markup Hero Has Around 10,000 Paying Customers
“We have maybe 10,000.”
Jeff SolomonMar 25, 2022▶ 8:06Productivity Tool Profits $15k/mo, Bootstrapped team of 3
Disclosure
Solomon: Markup Hero Is Fully Bootstrapped With No Outside Funding
“There's no money at all. We just all bootstrapped.”
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