> That’s for an app which sends a ping to a URL every x minutes…
My bigger question is: How the fuck do these companies keep getting created? There's gotta be more uptime-monitor SaaS companies than todo MVC demos in existence.
Because these people are bad businessmen. There is not a single reason yet another uptime monitoring business needs to exist. They have no chance at succeeding the likes of Datadog, New Relic.
Conclusion: promising builders being bad at startups
It’s easy to get the free users, where of just a smaller % need to upgrade to keep you afloat. Then there’s the possibility to upsell other related services like analytics or logs.