I guess that this is why I don't have a bootstrapped startup - I wouldn't even consider building something like this out as a SaaS.
I guess that this is why I don't have a bootstrapped startup - I wouldn't even consider building something like this out as a SaaS.
It's incredible to see something that would take 2-3 days make $1.5M ARR :(
It's incredible to see something that would take 2-3 days make $1.5M ARR :)
Transcend ego and come drink your fill at the font of easy money. Don't let pride hold you back from what is probably the best ROI you can make as a SWE.
In addition, I needed to transform the culture fast, and not wait around for people to implement a custom library for internal use.
Having said that, I have built in house flag implementations or used OSS projects and would much prefer those to using a third party.
If I can take X to drop in a 3rd party feature flag system, that is almost always going to be more valuable than building it in house. It gets me back to mainline work.
It may very well be that the polished product is a better fit for many businesses than the quickly put together custom feature that does the bare minimum, though.
You may be able to hack together a basic feature flagging product in 2-3 days, but like many domains, it goes incredibly deep and there’s a lot of hidden nuance if you focus on it. If the value doesn’t drop off for those long-tail “deep” features and people will pay extra for you to handle the nuance - voila, you have an amazing SaaS, potentially.
That's the market; it's shocking (to me) how little knowledge even the largest and most highly rated "Mobile Agencies" actually have with systems which have a lifetime measures in decades vs months. Silly as I've worked with these "wordpress agencies" a lot and they've always been thin/wide skill wise (devs skills which are teachable in a few months but with designers + marketing added to the mix).
Your story is inspiring, thanks for sharing. I hope that I can eventually get over my blind spot as it is a career goal to build a small/medium sized company (with annual revenue around the $1M+ mark).
I think the reason you don't have a bootstrapped startup is because you don't see the difference between trivial and valuable.
Would it be easy for you to build out a feature flag app? Yes, most devs probably can without a huge problem. But it will take them time to do it, and it will require maintenance over time. If it takes a senior dev two weeks of dev time in sum total over 4 years, it would be "cheaper" to pay $100/mo for this service. This type of product product has value as it allows us to spend our limited dev time more on forward feature development that drives future revenue and less on infrastructure.
This is the math that companies buying SaaS products will make. I don't want my eng team to spend hours on trivial stuff, I want them to work on the things that move the needle for the company. I'll gladly pay $$$ for certain features and functionalities that are not part of our core competencies so that the team can focus on the things that are. And once we're a Big Company paying Enterprise tier prices to a feature flag company or whatever, we can have the chat about in-housing it or building Feature #137,221