3 ms·

It's risky -- can they survive with a 3% conversion rate (free to paid)?

• zepolen 18y ago
  This happened 2 years ago. Considering they stopped updating their blog around the same time, it's safe to say the free -> paid only change killed their business.
  • dmix 18y ago
    Or failed to save their dieing business.
    • patio11 18y ago
      If dying means taking money from paying customers then may my business die every day for forever. The CEO's LinkedIn profile shows him as doing the photo company and being an evangelist for some company which apparently does search engines. http://www.linkedin.com/in/geekceo http://www.linkedin.com/in/geekceo So the principal carved himself out a lifestyle which he probably enjoys: he has a trusted position at one company, gets invited to speak at conferences, and makes some amount of money for keeping software from breaking. Software does a lot of things well: one is not decay after it has been written. Sure, he won't get bought out my Google next month, so that's not successful for one particular pattern of success. But, on the other hand, he has more paying users than Twitter and probably gets a stupidly high amount of money on a per-hour-invested basis. There are more things in heaven and earth, Horatio, Than are dreamt of in your philosophy.