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The market is limited. Very few people use LaTeX.

• sumly 3y ago
  there are 11m users. there are about double the number of Overleaf users than the Irish population. It's def not small!
  • Tomte 3y ago
    And that's about it. How much do you expect them to grow? They have probably a respectable chunk of the LaTeX population already among their users. How do you expect LaTeX editing to get to a level where there is any chance to get to a billion dollars? I'm not saying Overleaf is a bad business. I'm saying it's not a unicorn.
    • sumly 3y ago
      Their growth is becoming explosive, growing 1m+ users per year, 10%+ YoY is pretty good at that scale Maybe you are not aware but LaTeX is a proxy on research. Are you bearish research? I am not. long LaTeX. Long Overleaf. ps: they also give exposure to crypto as many needs LaTeX editor! ---------------------------------------- 2012: Overleaf is founded 2021: 9m users 2022: 10m users 2023: 11m+ users source: https://www.overleaf.com/blog/wow-ten-million-users https://www.overleaf.com/blog/wow-ten-million-users
      • fragmede 3y ago
        > LaTeX is a proxy on research. In Mathematics and CS, absolutely, but biology and medicine are on Microsoft Word. > Are you bearish research? I am not. You're not? Between the shrinking middle class, the rising costs of a college education, and then also everyone losing their job to AI, the future doesn't look bright for research. There's a political battle on the horizon that will determine if science and research is something we as a society do actually care about.