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>The company does have revenue, such as this early deal with Coca Cola for a branded site, but has stood firm in keeping the “nickel and dime” consumer fees out
by dantiberian 15y ago
>The company does have revenue, such as this early deal with Coca Cola for a branded site, but has stood firm in keeping the “nickel and dime” consumer fees out of the product. [...]
>Later this year Posterous will launch a pro version of the service for bigger brands, and allow things like Javascript and site monetization for a fee, they say.
http://www.techcrunch.com/2010/01/18/posterous-revenue-coca-cola http://www.techcrunch.com/2010/01/18/posterous-revenue-coca-...
And from http://kahlil.posterous.com/how-posterous-makes-money http://kahlil.posterous.com/how-posterous-makes-money in January 2010
>So I asked Posterous co-founder Sachin Agarwal how Posterous will actually make money. His answer was simple. Charge for business and commercial use of Posterous. What about consumers? Agarwal says that Posterous will remain free for consumers, but will just charge for businesses, which reminds me a lot of how people imagine Twitter making money.
Their business model could easily have changed from this by now though.
- marcamillion 15y agoI guess the question is, why do they go through such great lengths to hide it. Almost as if making money is somehow a bad thing. Hiding it makes me, as a user, nervous.
- steventruong 15y agoI don't think they're intentionally hiding it or going out of their way to do so. At least, I don't see it like that. The quotes you pulled were probably part of a sales pitch to get users on board and is probably representative of how they actually do things. The way they make money base on what dantiberian posted has no bearing on the pitch they're making (assuming all of these are true). If they make money by charging brands, what does that have to do with you as a consumer? I don't think they're hiding it, I think its just a separate approach.
- frou_dh 15y agoI don't understand why Coca Cola would a) have a pressing need for it b) pay much money for it.
- marcamillion 15y agoThe quote I pulled was from the FAQ page: https://posterous.com/faq https://posterous.com/faq
- petervandijck 15y agoBecause they're still figuring it out. If they: X is our business model, it can decrease the perceived value of their company in the next round, because now you can calculate how much they're worth.