“If I’m a startup in Silicon Valley, I can just go out and buy a big table and an office chair and do all these things,” says Nick Hanauer, founder and CEO of the company Bouncer.
The company sells software to companies that want to build mobile applications that can be used to help with the task of organizing emails, posting a news story, or keeping track of the number of people who’ve voted.
But Hanauer says the software is still in its early stages.
“People think of it as a piece of hardware, but it’s more like a toolkit,” he says.
He believes that when the technology becomes mature enough, it will be able to offer more functionality than just simple web pages and emails.
“I think it’s going to make all kinds of stuff a lot easier, especially for those of us who have bigger businesses that we want to help run,” Hanauer adds.
Bouncers first launched in 2015, with the goal of making a software toolkit that would let companies manage email and other information on their websites.
Since then, Bouncher has grown to be a platform for companies to manage their workflows.
Its software can help you manage the contents of emails, post a news article, manage meetings, and manage meetings and calendar events.
Bouncing back from the tech slump “When we started, we had no money,” says Hanauer.
He estimates that he has spent about $10,000 on his startup so far, including about $2,000 of his own money.
That’s just what he says he needs for his business, so Bounchers growth has been impressive.
It’s also been growing at a healthy clip.
Bouchers revenue rose 22 percent in the first quarter of this year.
It is now worth about $5 million, Hanauer reports.
But as the economy rebounds and businesses start hiring more people, Hanner says he is worried about the future.
“We’re in this golden age of technology, but we’re not really there yet,” he adds.
“It’s hard to imagine what the next decade will bring.
I don’t think we’re at the point yet where the tech is going to be really great for everybody.”
Hanauer is also concerned about the potential for Bounber to lose users.
“The most important thing is for people to use it,” he said.
“If it doesn’t work for them, it doesn, and we’re losing them.”
Hanauers goal is to have an audience of 150 million people by 2020.
But that number is not a realistic goal for the time being, Hanauber says.
“What I want to do is make sure that there’s a sustainable future,” he concludes.
He thinks that if the technology is mature enough for Boucher to be profitable, he expects the company to be able turn a profit within five years.
For now, Bourers biggest challenge is convincing people that Bounters software is useful.
“My goal is always to get as many people as possible to use the software,” he explains.
“That’s always been our goal.”