2 ms·
I think the risk to meetup.com is that the established meetups for groups like programmers or other career/professionals, the ones most likely to be important e
by rossdavidh 7y ago
I think the risk to meetup.com is that the established meetups for groups like programmers or other career/professionals, the ones most likely to be important enough that people would pay $2 to attend, are also precisely the ones least in need of meetup's audience, since they are established.
Also, charging $2/person means about $0.25 goes to Visa/Mastercard/PayPal/whoever does the payment processing, which is about 12.5% of your revenue skimmed off the top immediately. Charging the organizer more, and everyone else nothing, works better from that point of view even if the attendees chip in a few bucks each to compensate the organizer.
Of all the business models one could imagine for this site, this seems like one of the less well thought out.
- noneeeed 7y agoAs an organiser, I'm genuinly stunned by how poorly thought out this model is. It fundamentally changes the relationship between me and my attendees. Suddenly they are paying to attend. The fact that I get non of that money is irrelevant to the person paying. That's a big psychological shift for free events like mine.