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How many of those companies are profitable? How many do you think you will see a blog post about in a year or two - “Our Amazing Journey” where they won’t eithe

How many of those companies are profitable? How many do you think you will see a blog post about in a year or two - “Our Amazing Journey” where they won’t either go out of business or get acquired and their product gets shut down”? From Kagi’s website https://blog.kagi.com/status-update-first-three-months#:~:text=We%20are%20currently%20serving%20around%202.1M%20queries%20a%20month,current%20API%20and%20infrastructure%20costs. https://blog.kagi.com/status-update-first-three-months#:~:te... We are currently serving around 2.1M queries a month, costing us around $26,250 USD/month. Between Kagi and Orion, we are currently generating around $26,500 USD in monthly recurring revenue, which incidentally about exactly covers our current API and infrastructure costs. That means that salaries and all other operating costs (order of magnitude of $100K USD/month) remain a challenge and are still paid out of the founders’ pocket (Kagi remains completely bootstrapped).

freediver 2y ago
Wrong blog post, try this one ;) https://blog.kagi.com/what-is-next-for-kagi https://blog.kagi.com/what-is-next-for-kagi
- scarface_74 2y ago
  So what do you know about kagi’s profitability :). I’m honestly glad to hear that. Until I heard your interview with Gruber, I thought Kagi was the same company that use to provide a payment platform for Mac indie developers. It’s always good to see a bootstrapped company become successful without enshittification. I put you up there with BackBlaze. I see you have investors now (not saying that is a negative). Are the laws still the same about having to be a “qualified investor”? Can anyone invest - asking out of curiosity.
  - freediver 2y ago
    For the particular type of investment we were doing (angel list roll up vehicle with basically our users) one needs to verify they are an accredited investor.

freediver 2y ago

Wrong blog post, try this one ;) https://blog.kagi.com/what-is-next-for-kagi https://blog.kagi.com/what-is-next-for-kagi

scarface_74 2y ago
So what do you know about kagi’s profitability :). I’m honestly glad to hear that. Until I heard your interview with Gruber, I thought Kagi was the same company that use to provide a payment platform for Mac indie developers. It’s always good to see a bootstrapped company become successful without enshittification. I put you up there with BackBlaze. I see you have investors now (not saying that is a negative). Are the laws still the same about having to be a “qualified investor”? Can anyone invest - asking out of curiosity.
- freediver 2y ago
  For the particular type of investment we were doing (angel list roll up vehicle with basically our users) one needs to verify they are an accredited investor.