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A corollary from these stats is that their active user base is about 1/3 of the total. That's pretty darn impressive, if it's accurate.
by arturadib 16y ago
A corollary from these stats is that their active user base is about 1/3 of the total.
That's pretty darn impressive, if it's accurate.
- JacobAldridge 16y agoI don't come out with the same numbers. Seems to me: Just over 3% of total are paying (160,000 / 5,000,000) 7.5% of total users are active users (that's in the article) Still, they've built a $10,000,000 business (in regards to turnover, not profit or valuation of course) and that's darn impressive as well.
- arturadib 16y agoHa, I guess one of us misinterpreted the statement: "approximately 20% of active users (7.5% of total users) are paying users by month 29" Is it "20% of active = 7.5% of total", or is it "active = 7.5% of total" ? It seems a little ambiguous. But to be honest, I think a more reasonable number is 7.5% indeed!!