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> "Today, over 95% of our revenues are coming from subscribers" https://blog.agilebits.com/2017/07/13/why-we-love-1password-memberships/ https://blog.agilebits
by tedmiston 9y ago
> "Today, over 95% of our revenues are coming from subscribers"
https://blog.agilebits.com/2017/07/13/why-we-love-1password-memberships/ https://blog.agilebits.com/2017/07/13/why-we-love-1password-...
- cat199 9y agoThat doesn't explain why the old model became or didn't become unprofitable...
- tedmiston 9y agoThe parent comment was a loaded question that there was some sudden change. If the old model did good / better, they wouldn't have switched to a more profitable model. I believe it's well established in our industry that SaaS models are more profitable than one-time software sales. The analogy is equivalent to why Adobe switched Photoshop to a SaaS model and why Microsoft did the same for Office. Recurring revenue is king in the long run.