Going Freemium: One Year Later

Re:Going Freemium: One Year Later by patio11 on Monday September 27, 2010 @06:52PM (#1733829)

Profit up 650% in a year. Remind anyone of this the next time they start talking about particular business types having patent on rapid growth.

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Re:Going Freemium: One Year Later by mcdowall on Tuesday September 28, 2010 @05:26AM (#1735085)

Beermat maths...

With 20% of their user base (450k) on 10,000+ subscribers per month ($150 pcm) I make that $13,500,000 per month.

And with that being 65% of their total revenue, they are making a cool $20m a mth. Not bad, not bad at all.

Edit - forgot that not all 450k are paying, their maths state that 13.33% (4,000 paying of 30,000) are paying. So actually they are making about $2,6m per mth.

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Re:Going Freemium: One Year Later by grandalf on Monday September 27, 2010 @08:21PM (#1734097)

True. But getting to the first 85K users is quite an accomplishment too.

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