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out of curiosity how do you guys make money? looks like you guys have a big team and have been running for a decade now doing open source stuff
by kevindeasis 6y ago
out of curiosity how do you guys make money?
looks like you guys have a big team and have been running for a decade now doing open source stuff
- takleizo 6y agoIt looks like they also support ERPNext - I'm assuming that's their primary product offering
- rushabh 6y agoWe are just under $1M annual revenue, so not really making a lot of money, but not to bad either. Since we are bootstrapped, so no really pressure to grow exponentially. From very early days we had paying customers (just enough to support a lean team). Our major growth has come in the last 2 years, where our team size grew from <15 to >40. So we are based in India so salaries tend not to inflate too much. We also pick raw talent and nurture them (and also pay above market), so it just about works! Having said that, I think the market for products like ERPNext (our flagship) is huge, in the tens of billions. Looking at our current traction, we really hope we can make the product good enough for enterprises to switch to this. I see a huge potential revenue in support, assurance, consulting when it comes to it. So its a waiting game.