4 ms·
Why is this free? That's the problem here. They'll easily get 10-100x their donation amount if they make this freemium. They don't even have to degrade the core
by echelon 2y ago
Why is this free? That's the problem here. They'll easily get 10-100x their donation amount if they make this freemium. They don't even have to degrade the core experience.
Life takes energy. You need to make some of it back to survive. Asking for money isn't a dirty thing.
- pjc50 2y agoIt's free because all the competition is free and switching costs are zero. They claim that trying to upsell people causes them to quit.
- OccamsMirror 2y agoit's that any profit made must be reinvested into the organization to further its mission, rather than being distributed to shareholders or owners. Non-profit organizations can and often do generate revenue that exceeds their expenses, in other words... profit. The key distinction is how that surplus is used. In a non-profit: - Profits are reinvested to support the organization's goals and activities. - There are no owners or shareholders who receive dividend payments. - Any surplus funds are typically used to expand services, improve operations, or build financial reserves for future needs. Non-profits still need to be financially secure.
- ZephyrBlu 2y ago$7500/mo in donations is also already really, really good. It seems like they could easily turn this into a viable business with some small changes.