My SaaS is now worth $600,000

@mikestrives

11.8K followers · usually 2.7K views a post

Views

100.4K

Likes

3.8K

Comments

92

Shares

188

SoundTikTok sound · original sound - mikestrives

Promoted product

Upvotyupvoty.com

Feedback boards, public roadmaps, and changelogs in one beautifully simple product.

4 videos

Why it worked

The video leverages a high-stakes narrative about rejecting a significant acquisition offer, combined with transparent, real-time business metrics that build credibility and intrigue.

Summary

The creator discusses the rapid valuation growth of his SaaS product, Upvoty, after rejecting an acquisition offer. He uses his current monthly recurring revenue to justify the increased valuation and sets a future goal for his business.

Structure

1State the current valuation of the SaaS
2Mention a past acquisition offer
3Show current MRR growth on screen
4Calculate the new valuation

Original caption

$600,000 🤯 #business #saas #onlinemoney #softwareengineers #softwareasaservice #softwareengineering #founder #entrepreneur

More from @mikestrives

Product placement

The creator explicitly names his SaaS product, Upvoty, and shows its analytics dashboard throughout the video.

Call to action

hit follow, stay tuned!

On-screen text

My SaaS is now worth $600,000 View Analytics Upvoty v2 Monthly Recurring Revenue $4,467 $10,330

Transcript

So this is actually crazy. My business is now worth over $600,000. But here's what's even more crazy, is that nearly a month ago a potential buyer reached out to me and wanted to buy my product for $200,000, which was a fair price given the fact it was around 4K back then. And I actually posted a TikTok video about it which went pretty viral and a lot of people in the comments actually said I should take the money. But if we look at the current MRR, we are now already at 10K in monthly recurring revenue, which means if we now take 10K times 12 times a healthy 5 times valuation, my product is now already worth $600,000. And I'm just getting started. My goal is to hit $100k in MRR, so hit follow, stay tuned!