I run a ~15 person startup, and my first thought was "huh, that's reasonable." And didn't think anything else about it. Shit, we pay hundreds for glorified databases for ATS and several other products. I really think pricing it lower will just push you to a less-valuable userbase.
The lower priced clients can be more demanding and less focused by asking for features they don't really need or use.
It would be nice to track feature requests against customer application engagement as well as uptake by said customer. Attempting to make everyone happy leads to MS like products.