Sharad Potharaju, co-founder of Mobstac, discusses current monthly recurring revenue for their Beaconstac product.
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“We're about, we're clocking about, close to about 25,000 dollars right now in monthly recurring revenue.”
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More from Sharad Potharaju
Insight
Potharaju: Startup employees undervalue equity without seeing significant exit events
“You need to be able to see successes. You need to be able to see employees making a lot of money from their startups being sold. Till that actually happens, employees will not value employee stock option pool, and that's kind of what we're looking at in India …”
Sharad PotharajuSep 21, 2017▶ 17:09789: Google Bought Their Beacons to Distribute Free Wifi in India
AssertionNot checkable as stated
Potharaju: Beaconstac has approximately 10,000 hardware beacons currently deployed
“I would say about 10,000 beacons now.”
Sharad PotharajuSep 21, 2017▶ 6:04789: Google Bought Their Beacons to Distribute Free Wifi in India
PredictionNot checkable as stated
Potharaju predicts Beaconstac will hit $500,000 ARR by late 2017
“I think we are on target to hit about an ERR of about half a million dollars by the end of this”
Sharad PotharajuSep 21, 2017▶ 10:21789: Google Bought Their Beacons to Distribute Free Wifi in India
AssertionSupported
Google Chrome integration allows Mobstac beacon notifications without a native app
“So what Google essentially did last year was they changed the mandate where they basically made beacon technology compliant with the Chrome browser. So what that means is that if you actually have Chrome browser, which by default all Android devices have a sli…”
Sharad PotharajuSep 21, 2017▶ 14:04789: Google Bought Their Beacons to Distribute Free Wifi in India
AssertionNot checkable as stated
Potharaju notes 30% to 35% of mobile users keep Bluetooth enabled
“You will be able to see that notification as long as you have a Bluetooth on, which is about 30, 35% of the country, depending on which geography you're in.”
Sharad PotharajuSep 21, 2017▶ 14:29789: Google Bought Their Beacons to Distribute Free Wifi in India
AssertionNot checkable as stated
Mobstac content marketing yields 500 leads and 20 new customers monthly
“I generate about 450 to 500 business leads every month, and out of that, we have about 15 to 20 customers that are essentially purchasing these Beacon stack plants, and that's the way we've essentially been growing it.”
Sharad PotharajuSep 21, 2017▶ 16:12789: Google Bought Their Beacons to Distribute Free Wifi in India
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