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I've been following Pixate for a while (plan to use it on my current project) but I'm really confused by this. If a product is generating revenue then why swit
by gearoidoc 13y ago
I've been following Pixate for a while (plan to use it on my current project) but I'm really confused by this.
If a product is generating revenue then why switch it to a free model? To encourage buy-in for the upcoming product or something similar?
Just seems like a really odd business decision as I would have gladly paid for the app...
- CookWithMe 13y agoI am equally confused by this. Reminded me very much of: > we had a business that DHH would be proud of. Bootstrapped, lean and already providing (in a small way at least) for the needs of my family and that of my co-founder. Over the next 3 months, our initial desire to not raise a seed round was dismissed and we were thoroughly convinced that we had to continue on the VC rocket-ship in order to matter to anyone. [...] This is where we made the first in a series of many mistakes from http://mystartuphas30daystolive.tumblr.com/post/53839497912/in-30-days-my-startup-will-be-be-dead http://mystartuphas30daystolive.tumblr.com/post/53839497912/... But we'll see. I wish Pixate good luck anyway! More innovation is needed in this space...
- ErikHuisman 13y agoThey probably have ideas for additional (paid) services. For these services to make sense they need a very popular plugin. Hence the free model. The investors are taking that risk to create a much larger scale company.
- gearoidoc 13y agoI personally believe they're better off keeping it as a paid service (however small the market may be) and offering the additional services at an additional price. Now that they've made Pixate free they can't (really) go back to the paid model. Seems like a big punt for me.