3 ms·
"Monetize" != "create profit" "Monetize" == "create revenue". You can monetize a free service by charging $1 for it, suddenly start bringing in $1 mill/year .
by tjic 17y ago
"Monetize" != "create profit"
"Monetize" == "create revenue".
You can monetize a free service by charging $1 for it, suddenly start bringing in $1 mill/year ... and still be profit negative because you're spending $2 mill/year on engineering.
- dustingetz 17y agogoing from $0 to $1M is a hell of a lot harder than going from $1M to $2M. even though you're profit negative, if you got that far, you're 95% of the way there.