Re:The bar for success in our industry is too low
by ekiru on Wednesday September 02, 2009 @08:21PM
(#801458)
The whole point of the article is that Evernote is not making money and aren't even expected to break even until 2011.
Re:The bar for success in our industry is too low
by boucher on Wednesday September 02, 2009 @09:00PM
(#801514)
They are very clearly making money. They are just spending more than they make. Revenue is still an important metric. Many companies which are supposedly successes still have $0 in revenues. Saying such a company is already successful is much worse than saying the same about a company with significant revenues but still no net profit.
I'm all for thumbing your nose at some/most free apps, but EverNote has really proven something and deserves praise. There seems to be real (reinvested profit) buried under the growth/r&d spending.