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mrhesham commented on Looking to sell my ramen profitble SaaS side business    · Posted by u/mrhesham
0xEF · 2 years ago
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?

mrhesham · 2 years ago
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

mrhesham commented on Looking to sell my ramen profitble SaaS side business    · Posted by u/mrhesham
PepGuardiola · 2 years ago
What stack are you using please?
mrhesham · 2 years ago
.Net Core (C#) + SqlServer for backend and Laravel for the frontend
mrhesham commented on Looking to sell my ramen profitble SaaS side business    · Posted by u/mrhesham
kohanz · 2 years ago
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

mrhesham · 2 years ago
Okay sorry my bad, I misused the expression (now I understand it better thanks)
mrhesham commented on Looking to sell my ramen profitble SaaS side business    · Posted by u/mrhesham
psikomanjak · 2 years ago
Hi I might be interested. How can I contact you? My email is on my profile.
mrhesham · 2 years ago
hit me on support@postoptions.app
mrhesham commented on Looking to sell my ramen profitble SaaS side business    · Posted by u/mrhesham
IMTDb · 2 years ago
That’s not event close to ramen profitable unless you live in a very very low COL country.
mrhesham · 2 years ago
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
mrhesham commented on Looking to sell my ramen profitble SaaS side business    · Posted by u/mrhesham
james-revisoai · 2 years ago
Is this monthly revenue or total so far? Recurring? What do you costs look like?
mrhesham · 2 years ago
monthly revenue is around 60$ , cost is a stable 20$ for hosting.
mrhesham commented on Looking to sell my ramen profitble SaaS side business    · Posted by u/mrhesham
hemantv · 2 years ago
How much do you pay for data?
mrhesham · 2 years ago
Data is free from Tradier.com, I have signed an agreement with them.
mrhesham commented on Looking to sell my ramen profitble SaaS side business    · Posted by u/mrhesham
thelastparadise · 2 years ago
> Since then, the service had several paying users reaching 864$ in net revenue.

MRR?

mrhesham · 2 years ago
Currently my MRR is 60$
mrhesham commented on Looking to sell my ramen profitble SaaS side business    · Posted by u/mrhesham
trevyn · 2 years ago
Have you done any marketing?

Edit: Your domain doesn’t even load for me…?

mrhesham · 2 years ago
try https://www.postoptions.app

No marketing apart from being listed on Tradier.com

mrhesham commented on Looking to sell my ramen profitble SaaS side business    · Posted by u/mrhesham
joshxyz · 2 years ago
how about microacquire
mrhesham · 2 years ago
Microacquire requires incorporation

u/mrhesham

KarmaCake day22December 22, 2023View Original