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I 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
by JacobAldridge 16y ago
I 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!!