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$38k is a huge sum, but the problem is, it’s not enough. $1USD in 1920 inflated to roughly $15USD here in 2023. The same thing is going to happen, by design, be

by 015a 3y ago

$38k is a huge sum, but the problem is, it’s not enough. $1USD in 1920 inflated to roughly $15USD here in 2023. The same thing is going to happen, by design, between now and 2120. This approximates to a pyramid scheme; or maybe, the US Social Security system is another great correlate. The only way it keeps going after even only ten years is raising prices for new customers subsidizing existing customers.

Retric 3y ago
They could invest that money and use the returns to fund development. That’s not going to happen, but such a small percentage of customers would sign up for this it’s effectively a non issue for the viability of the company. Honestly, I think some regulations requiring some kind of independent trust should be required for any ‘lifetime’ subscriptions. Sorry we uhh renamed the product, your subscription is no longer valid. Sure, then refund my money.
photomatt 3y ago
I'm worried it might be too low as well, but we did a ton of modeling and tried to build in a quantum of safety for unknown unknowns. I expect this will cost more in the future.
dgb23 3y ago
Getting 38k now is very different from getting 38k over a 100years. It’s worth exactly as much as it states. Investing this money now might be beaten by inflation, competition or happenstance. But it could also grow the business and turn into orders of magnitude more value. I agree however that Wordpress does not have such a long term prospect. As of now, it’s both falling behind and moving into wrong directions at the same time from a technical perspective: It’s increasingly more complex and unstable for non-technical users. It’s bloated, full of gotchas, very hard/finicky to integrate with standard PHP tooling and has comically bad performance. So it deters developers. It won’t go away anytime soon. But I very much doubt that it will be as relatively popular in even 10y as it is now.

by 015a 3y ago

Retric 3y ago

They could invest that money and use the returns to fund development. That’s not going to happen, but such a small percentage of customers would sign up for this it’s effectively a non issue for the viability of the company. Honestly, I think some regulations requiring some kind of independent trust should be required for any ‘lifetime’ subscriptions. Sorry we uhh renamed the product, your subscription is no longer valid. Sure, then refund my money.

photomatt 3y ago

I'm worried it might be too low as well, but we did a ton of modeling and tried to build in a quantum of safety for unknown unknowns. I expect this will cost more in the future.

dgb23 3y ago

Getting 38k now is very different from getting 38k over a 100years. It’s worth exactly as much as it states. Investing this money now might be beaten by inflation, competition or happenstance. But it could also grow the business and turn into orders of magnitude more value. I agree however that Wordpress does not have such a long term prospect. As of now, it’s both falling behind and moving into wrong directions at the same time from a technical perspective: It’s increasingly more complex and unstable for non-technical users. It’s bloated, full of gotchas, very hard/finicky to integrate with standard PHP tooling and has comically bad performance. So it deters developers. It won’t go away anytime soon. But I very much doubt that it will be as relatively popular in even 10y as it is now.