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It's interesting to contrast this post with all the posts about multi million dollar funding rounds currently on the front page.
by il 14y ago
It's interesting to contrast this post with all the posts about multi million dollar funding rounds currently on the front page.
- incongruity 14y agoIt's refreshing, honestly. It seems to have more of a clear focus on real value to the user and it feels more like a labor of love and craft on the part of its creator, Mr. Cegłowski... its refreshing to see someone try to make something good rather than something that's simply sellable to VC's. Now, admittedly, he's probably not getting rich off of the site – the exact number of paying users is hard to discern, but there are 7k more active users now than a year ago, so assuming 50% of people who buy in use it at least once every 30 days, then, conservatively, he's grossed somewhere north of 100k in the last year, right? Even if that's off by a factor of 2, it's not a killing – but it's real money as costs are likely reasonably low given the content he's serving and the low overhead such a small operation would require. On top of that are the $25/year archival accounts. If 5% of all active users pay for archival accounts (that's a utter guess), that grosses another ~$29k/year. That's workable, definitely... but again, not a killing.