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Looking to sell my ramen profitble SaaS side business

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Re: Looking to sell my ramen profitble SaaS side business

#21
post #20

Earlier quoted context omitted.

The only cost is 20$ for a linux instance on Hetzner. How is that not profitable ? and I live in the most expensive country in the world. Switzerland

Your app is profitable but not "ramen profitable". If a business is ramen profitable, it means it's making just enough money for the founders to pay for living expenses

Okay sorry my bad, I misused the expression (now I understand it better thanks)

Re: Looking to sell my ramen profitble SaaS side business

#26
post #4

I've been looking for ways to invest my (meager) extra cash to generate passive income, however your app is a wee bit outside of my wheelhouse. That said, I'm probably not the only HN user who would like a small, profitable project. Can you tell us more about the backend, user expectations and what your target price would be?

Here is a compilation of some questions I got:

What is the backend written in? .Net Core (C#) + SqlServer + Laravel (Frontend) - Running on a Linux Hetzner instance

What Hetzner location are you using? Ashburn US

Is the data from Tradier real-time? Are there any limitations to the data? Yes RealTime, the only limitation is the rate limited to 120 api calls per minute

What are the features updates that have been requested? The features requested are mainly adding more filtering properties and adding new complex option strategies to the screener

What's the agreement with tradier? Why are they providing data for free, can they start charging you if you get bigger? Tradier is offering their market data and trading API for free for established platforms, see here https://tradier.com/platforms Their goal is to create an ecosystem of third party vendors.I can easily add the feature to trade options on Tradier.com from within postoptions.app. If I do that Tradier will make money and I make commissions. This is the essence of the agreement.

How many of your users are friends and family? Zero

Who's your main competitor and why are you differentiated? My main competitor will be https://optionsamurai.com/, my product offers realtime screening, theirs has a delay of several minutes. But overall my product has fewer strategies

Re: Looking to sell my ramen profitble SaaS side business

#27
Sounds like maybe you have 4 users, based on your pricing ($15 per month each). Pretty cool! The jump from 0 to nonzero users to multiple users is huge, really impressive.

The question is how do you think you got those users? What drew them in? Do you have any ideas for expanding? "many users requesting new features" -- is that one of the 4 existing customers or someone else?

Re: Looking to sell my ramen profitble SaaS side business

#29

Earlier quoted context omitted.

.Net Core (C#) + SqlServer for backend and Laravel for the frontend

Considering Laravel is a backend framework, I’d be interested to know more about what this means.

I assume OP has built the frontend/webapp in Laravel (for dasboard, auth etc) and the actual API/Data processing backend in .NET.

Re: Looking to sell my ramen profitble SaaS side business

#30
post #4

I've been looking for ways to invest my (meager) extra cash to generate passive income, however your app is a wee bit outside of my wheelhouse. That said, I'm probably not the only HN user who would like a small, profitable project. Can you tell us more about the backend, user expectations and what your target price would be?

Here is a compilation of some questions I got: What is the backend written in? .Net Core (C#) + SqlServer + Laravel (Frontend) - Running on a Linux Hetzner instance What Hetzner location are you using? Ashburn US Is the data from Tradier real-time? Are there any limitations to the data? Yes RealTime, the only limitation is the rate limited to 120 api calls per minute What are the features updates that have been reque…

How did you find your current customers, and couldn't you do more marketing via that method to grow more? Does Tradier also offer an options screener that you're just wrapping, or what's the competitive advantage? How were you able to sign an agreement with Tradier, was there some competitive advantage that allowed you to sign with them that your competitors could not also sign with Tradier or a similar company? Just some thoughts I had.
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