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  1. #1
    Member Spyware Fighter zep516's Avatar
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  2. #2
    Moderator Forum Moderator arraknid's Avatar
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    I read their blog and find it amazing that with 2 million users, they can't make it pay. Even charging just $1 a year would generate $2million, though $5 would be acceptable. Even with only 50% take up, that amounts to $5 million.

    We built a team, including front-end and back-end developers, customer support, search, product management, and a VP of Engineering to manage them all.
    There's a distinct lack of Sales and Marketing personnel in that list, which is primarily technical staff. I think maybe they went down the wrong road, trying to maintain a free service, when adopting the low-cost option would have been more lucrative. As they discovered, running any free service these days needs a cash generator within the organisation to keep the wolves away.

    It's surprising too, that they couldn't find a buyer. Very strange. Maybe they were talking to more techies! I wonder how much they want for the business?

  3. #3
    Member Spyware Fighter zep516's Avatar
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    It's surprising too, that they couldn't find a buyer.
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