From Kagi’s website
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).
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.
But I am getting more hesitant as often when I (and others) do it seems companies think they can increase their prices wildly or do other stuff.
I have this exact feeling now with Logseq: I started paying for sync a while ago and it seems so did others and now they are rewriting the whole thing from plain text[1] to some kind of database based storage :-/
[1]: which could be synced over git, transferred effortlessly into another application and was one of the reasons I went with Logseq