How We Upgraded Our Platform And Reached $100K In Revenue
Note: This business is no longer running. It was started in 2018 and ended in 2023. Reason for closure: Shut down.
This is a follow up story for BearTax. If you're interested in reading how they got started, published over 5 years ago, check it out here.
Hello again! Remind us who you are and what business you started.
I am Vamshi Vangapally, an engineer turned founder with a decade of experience in building products for web and mobile platforms. I was always interested in building a profitable microSaaS business and finally took off with BearTax.
This product is purely built for my own use while filing taxes back in 2018. Trading cryptocurrency is almost equal to walking on a minefield. Imagine dealing with taxes on those gains/losses. Above that, the IRS has got great tools to monitor someone trading and defaulting on taxes, because everything is pretty much KYCed and on public blockchain (if you are in the US and comply with the laws).
To solve this problem using the power of automation, I have paired up with my long term buddies and built BearTax. This SaaS platform aggregates information from 70+ exchanges and public blockchains to figure out your taxable events and generates necessary tax documents for you.
Product is priced fairly depending on the number of transactions you make in a year. It is a yearly subscription, which saves you at least $500 in CPA charges for the time and effort necessary and essentially pays for...
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Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
