samanamp's comments

samanamp | 2 years ago | on: Ask HN: Bought a SaaS company, it's going down 2% per month

Hey,

Thanks for taking the time and sharing your thoughts.

I do not have answer to most of the questions: like what is the trial conversion % or why customers are leaving.

I love the section you laid our options, that's all true. We've already chose option 3. Or it's better to say we are going to fight until the last customer. If we learn how to keep it alive, we have learned a skill that's not taught any where else. If not, as you mentioned in option 1, it's going to be a very expensive mistake.

Thanks for the advice :) going to draw action items from it and apply. First one is going to be reducing churn.

samanamp | 2 years ago | on: Ask HN: Bought a SaaS company, it's going down 2% per month

Every word you said is true and we learned it the very hard way.

> Buying a business of any size is no joke. In the last 8 months I developed more grey hair compared to last 10 years. Running a business has so many aspects to it.

About rewriting the app, we didn't have much choice. Was written 2016 and barely updated since in a language that was hard to learn/expensive to hire developers for.

At this point, we are up to trying ideas. Let me know if you have any book, blog or any general recommendations.

samanamp | 2 years ago | on: Ask HN: Bought a SaaS company, it's going down 2% per month

Sure. Both of us work in Tech industry. We know our jobs are not going to be there forever. So we started looking at different side hustles and line of business. Started affiliate marketing but got nowhere (it was very hard for us to write articles).

SaaS company matched our background as tech worker (little we know just a small portion of running a company is tech).

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