4 ms·
Based on their signup help page (https://pinboard.in/help/fee/ https://pinboard.in/help/fee/) the price is "number of users * $0.001". Now there is no telling w
by todd3834 15y ago
Based on their signup help page (https://pinboard.in/help/fee/ https://pinboard.in/help/fee/) the price is "number of users * $0.001". Now there is no telling when they started with that pricing but assuming it was from the beginning they have made around $50k. Since it was created 3 years ago that is an average of around $17k/year.
I realize the archival accounts are $25/year and I have no way of knowing how many they have but assuming it doubles their profits which I doubt they are still making less than $40k/year minus expenses.
I'm not huge on selling out but I would rather build a large app and flip it vs run a company that profits less than $40k/yr
(I did not double check my math so please forgive me if I rushed through this too fast)
- tnorthcutt 15y agoI think he started off with the pricing at something greater than the multiplier... $4 comes to mind.
- flixic 15y agoNo, it was like that for as long as I can remember. I signed up for $0.17.
- adambyrtek 15y agoAs far as I remember, this multiplier is not valid anymore. When it comes to estimating the number of users, another post[1] on a Pinboard blog sheds some light on that. [1] http://blog.pinboard.in/2011/10/spikes_logs_and_the_power_claw/ http://blog.pinboard.in/2011/10/spikes_logs_and_the_power_cl...
- adambyrtek 15y agoAs far as I remember, this multiplier is not valid anymore. When it comes to estimating the number of users, another post[1] on the Pinboard blog sheds some light on that. [1] http://blog.pinboard.in/2011/10/spikes_logs_and_the_power_claw/ http://blog.pinboard.in/2011/10/spikes_logs_and_the_power_cl...
- adambyrtek 15y agoSorry about the duplicate comment. I hate when the "noprocrast" setting prevents me from correcting mistakes like that. If you are a moderator, feel free to delete the other comment (the one without any children).
- Cass 15y agoHe's making quite a bit more than that. "Today, Pinboard is Ceglowski's fulltime job, pulling in $250,000 in revenue over the past two years. He says the site has 25,000 registered users with about 18,000 active ones each month. Ceglowski's only costs are paying for server space, and Pinboard makes money by charging customers a one-time fee of $9.50. (The fee started at $2 and goes up a penny with every 400 people who sign up.) There's also a $25 a year archiving fee for people who want personal copies of links." (http://www.time.com/time/specials/packages/article/0,28804,2094921_2094923_2094924-2,00.html http://www.time.com/time/specials/packages/article/0,28804,2...)