Re:Going Freemium: One Year Later
by cullenking on Tuesday September 28, 2010 @09:34AM
(#1735613)
One thing I don't see people talking about is utilizing donations while bootstrapping. The article correctly mentions that you need income (that 10%) to pay the bills in order to develop a badass product. Donations can give you that, as well as social proof that your idea is worth the potential act of paying for it. Meaning, donors don't "receive" anything (subjective, I know), but are still willing to support your great idea.
[ Parent
| on HN ]
You really think 10% of the users will donate? I'm thinking more like 0.01% will donate.
Re:Going Freemium: One Year Later
by cullenking on Thursday September 30, 2010 @10:10PM
(#1745708)
Bit late to reply, but we have had > 300 donors last I checked, with 21k or so users at that time. So, let's just say 1% - still good. Enough to give me ramen profitability for the last four months.