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>> Today, Pinboard has grown to about 1200 active users, >> we store copies of all bookmarks in an account for $25 per year >> the site has reached the poin
by axod 17y ago
>> Today, Pinboard has grown to about 1200 active users,
>> we store copies of all bookmarks in an account for $25 per year
>> the site has reached the point where I can work on it full-time
That's pretty impressive, low living costs?
Lets say 1% sign up to premium, that's 12 premium accounts, @ $25/yr for a total of $300/year or $25/month :/
Cool to see this sort of post though, and great to hear peoples progress etc.
- paraschopra 17y agoMore likely he may be referring to 1200 premium accounts. or even if it is simply 1200 accounts, assuming 1% conversion rate is a bit on lower end. I will more optimistically estimate it to be around 10%.
- pvg 17y agoAll pinboard users pay a small fee to sign up (deductible from the archiving sub, should they sign up for that). This allows us to feed Maciej more than one bowl of gruel every three days.
- anotherjesse 17y agoAdditional income comes from signup - current fee is $5.69 to join. They increase the cost by $0.001 each time a user signs up. (not where they started the price, but assuming $0.01 that could be another $16190.90) I like the idea of charging a nominal fee to signup (or perhaps just to have a "pro" account)
- axod 17y agoAh sorry, I missed that :) Interesting. How do you get $16k :/ Avg price = ($5.69 + ($5.69 - $0.001 * 1200)) / 2 = $5.09 $5.09 * 1200 = $6,108
- pvg 17y ago1200 is not the total number of users.
- axod 17y agoah. The important word being '1200 active users'? I'll stop trying to over analyze now :) Congrats on growth so far anyway
- pvg 17y agoThanks! And you're right, it's active users and I think they were defined as 'used in last 30 days' in the draft Maciej showed me but it seems to have somehow dropped out of the final post. As to over-analyzing, it's the meat and potatoes of HN. I'd be happy to clarify or answer any questions (best posted at top level as HN likes to assume deep-nesting is a sign of a dreadful flame-war and imposes its timed lockouts).
- anotherjesse 17y ago$5.69 means that they have increased the price by $0.001 5690 times. prices = (1..5690).collect { |member| member * 0.001 } prices.inject(0) { |price, sum| price + sum }