Disclosure certainty 4/5 debate potential 1/5

Saigal: Thunkable charges high five figures annually for API integrations

Arun Saigal · 823: SaaS: Pre Rev SF Based with $3.3m Raised Aiming to Help SMB's Build Mobile Apps, Will People Pay? · Oct 25, 2017 · at 5:57

Arun Saigal, CEO of Thunkable, explains the pricing structure of their early monetization stream charging third-party API providers for platform access.

0:00 / 0:03exact quote · 3.6s
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“We're talking usually five figure kind of high five figures.”

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 Arun Saigal

Opinion
Saigal: 80-90% of app store apps can be built on Thunkable
“80 to 90% of those apps are pretty simple and should be able to be built on Funkable.”
Arun Saigal Oct 25, 2017 ▶ 10:54 823: SaaS: Pre Rev SF Based with $3.3m Raised Aiming to Help SMB's Build Mobile Apps, Will People Pay?
Prediction Not checkable as stated
Saigal predicts 5% to 10% of Thunkable users will convert to paying customers
“We have good indications that, you know, hopefully five to 10% of our folks will be paying us. But as you said, until we actually prove it out, it's not certain.”
Arun Saigal Oct 25, 2017 ▶ 12:22 823: SaaS: Pre Rev SF Based with $3.3m Raised Aiming to Help SMB's Build Mobile Apps, Will People Pay?
Assertion Not checkable as stated
Saigal: Seven million users have built apps on Thunkable's platforms
“You'll see that, you know, we already have some between our open source and proprietary stuff, some seven million people who have built apps on our platform.”
Arun Saigal Oct 25, 2017 ▶ 4:13 823: SaaS: Pre Rev SF Based with $3.3m Raised Aiming to Help SMB's Build Mobile Apps, Will People Pay?
Assertion Supported
Saigal: 100,000 Yemeni Families Manage Solar Power via a Thunkable App
“So there was a young guy in Yemen who found Thunkable, built an app on us, and now there are about a 100,000 families in Yemen who manage their solar power through this app that this guy who didn't know how to code built on our product.”
Arun Saigal Oct 25, 2017 ▶ 7:51 823: SaaS: Pre Rev SF Based with $3.3m Raised Aiming to Help SMB's Build Mobile Apps, Will People Pay?
Disclosure
Thunkable targets a $20 per month subscription price point
“We're targeting something around 20 bucks per month.”
Arun Saigal Oct 25, 2017 ▶ 9:25 823: SaaS: Pre Rev SF Based with $3.3m Raised Aiming to Help SMB's Build Mobile Apps, Will People Pay?
Disclosure
Thunkable aims for $10k monthly recurring revenue by December 2017
“From this model, 10,000 bucks a month. Something low, but something that proves out that people are willing to pass. That's more important to us right now than seeing, you know,”
Arun Saigal Oct 25, 2017 ▶ 12:45 823: SaaS: Pre Rev SF Based with $3.3m Raised Aiming to Help SMB's Build Mobile Apps, Will People Pay?
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