Server costs. Bank/payment charges. Software, hardware. General overhead costs. Wages. Business taxes. Sales taxes. I have no idea how much any of these are costing, but they soon add up. Your 10-20k a month estimate also only works if that amount if prem accounts are bought per month. If a lot of people have rolling subscriptions, then that reduces the income
And of the 175k accounts, I think 30-40% minimum are alt/dead accounts.
Oh, and what currency are we even talking here? USD? GBP? $20k is, what, £15k right now?
I agree the slow progress is disappointing, but the assumption that they can afford to double or triple the team is bold, and most likely wrong.
And of the 175k accounts, I think 30-40% minimum are alt/dead accounts.
Oh, and what currency are we even talking here? USD? GBP? $20k is, what, £15k right now?
I agree the slow progress is disappointing, but the assumption that they can afford to double or triple the team is bold, and most likely wrong.