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In the post they say: > There are now 17 million developers on the Postman API Platform, and the Postman app has been downloaded more than 60 million times so
by tofuahdude 5y ago
In the post they say:
> There are now 17 million developers on the Postman API Platform, and the Postman app has been downloaded more than 60 million times so far.
That's a significant user base for a b2b oriented app in a very monetize-able space.
Throwing out some numbers to try and math it out:
- At $5 / yr / user, that's 85mm revenue. 5.4B = 64x rev
- At $10 / yr / user, that's 170mm revenue. 5.4B = 32x rev
- At $20 / yr / user, that's 340mm revenue. 5.4B = 16x rev
All depends on how effectively they monetize.
There's definitely a credible-to-vc's story that this is a large company in the making.
- boringg 5y agoValuation seems out of whack - that said money is cheap and trying to find a home right now. VCs need returns so why not?
- Rebelgecko 5y agoDoes that "17 million users" include people like me who use the app but have never given them any money?
- tofuahdude 5y agoOh, 17mm for sure it includes everyone who ever uses it.
- ren_engineer 5y agothe problem with these estimates is that freemium products are lucky to get 1% conversion to paid tier
- joshribakoff 5y agoPerhaps it’s unrealistic that they’ll be able to monetize 100% of those users?
- tofuahdude 5y agoI'm going with averages here just to ballpark it. I think they can make significantly more per year for enterprise users, in the $100+ per user range.
- outside1234 5y agoThere is no way - people will just switch to Insomnia.
- ChemSpider 5y agoPostman is a nice free tool, but nothing more. I would never pay any money for it. I don't think they can monetize more than 1% of their user base. I am absolutely stunned by this valuation.