Bean: Aha.com had 40,000 SMB advertisers, paid 50% to distribution
Jay Bean · How to Build SaaS Company in Small Biz Space, Sell for $30m With Jay Bean · Jan 27, 2016 · at 2:51
Jay Bean explains the revenue model and customer base of aha.com.
0:00 / 0:07exact quote · 7.6s
720p mp4 · rendered on demand · StarZero watermark
“I mean, we had about 40,000 small business advertisers. About half the revenue was actually paid out to our distribution partners”
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 Jay Bean
Bean: Carried over $500K in personal credit card debt for startups
“I've had times where I've had Well, more than a half million dollars on, on credit cards.”
Bean: Orange Soda floated Google ad payments on credit cards for runway
“In orange soda's case, I mean, yeah, We were, we would just use credit card to help us float our Google payments and other things. Well, so it gave you 60 days of extra runway on without raising more money.”
Bean: Fresh Lime targets a $4M to $5M run rate by 2017
“Our revenue this year is pretty low. I mean, we'll do about two 50 next year by this time, I mean, we'll have a, Probably a, I don't know, a four or five million dollar run rate. I mean, we'll grow that much next year”
Bean: Aha.com scaled to $35M run rate in three years
“We actually built a great little business that grew in three years from startup to about a thirty five million dollar run rate before it was acquired.”