Software, Digital Content, Geopolitics, Economics & More from of a Libertarian Serial Expat and Entrepreneur
In: business models30 Mar 2008
If they really do have 2,000 Pro members at $49/mo or $399/year, that’s around $1M/year provided there’s not egregious churn and depending on the monthly vs. yearly mix (I suspect there’s a majority of monthly subscriptions). Those are their self-reported numbers but the service seems well executed and I have no reason to doubt their data. Impressive in just a year (here’s a post about their premium launch), as is the conversion rate out of their 70,000 member base. They do a good job at spelling out the value of their subscription product, in fact I might give it a shot. It’s refreshing to see people who don’t buy the hype about ad revenue trees growing to reach the sky. See also some notes on how they built up traffic those last couple of years.
07/01/10 update: SEOmoz’s Venture Capital Process
I'm CEO of an online trade publishing firm in the marketing and defense verticals. We try to make news and data digestible and useful in an environment that is more noisy each day. This personal blog mixes my thoughts and interests on politics, business, software, and more, based on my business and personal experiences. Over the years I have posted items that turned out spectacularly wrong, and a few posts that stood the test of times better. Personal views only.