Reaching $10k monthly revenue with WakaTime, my SaaS side project

Post by detaro » Tue, Oct 31, 2017, 5:30 PM UTC

mivanchev wrote: post #66

I must voice concerns regarding this product. Just took a look at the Notepad++ plugin ( https://github.com/wakatime/notepadpp-wakatime ), because this is something I know a lot about. To begin with, it sends filenames to the mother ship instead of just the programming language. I would consider filenames to be sensitive information giving a very good idea of the project you are working on... Also problematic is the…

Post by mivanchev » Tue, Oct 31, 2017, 5:35 PM UTC

ztratar wrote: post #72

mivanchev wrote: post #66

I must voice concerns regarding this product. Just took a look at the Notepad++ plugin ( https://github.com/wakatime/notepadpp-wakatime ), because this is something I know a lot about. To begin with, it sends filenames to the mother ship instead of just the programming language. I would consider filenames to be sensitive information giving a very good idea of the project you are working on... Also problematic is the…

Disagree. As a user, I want file-level or directory-level analytics. I want to know how much time I'm coding in the backend services vs the front-end react client. If you have concerns about this, do you also have problems with Github literally having access to all of your code? Or Google having access to your search history? I'd be more concerned if it wasn't using SSL. That would make sense, but it seems secure on…

Post by curun1r » Tue, Oct 31, 2017, 5:41 PM UTC

oblio wrote: post #12

iopuy wrote: post #9

Earlier quoted context omitted.

Oh Ycombinator, such a bastion of encouragement you can be. Check out the top comment dropbox received when it debut on Ycombinator. "...you can already build such a system yourself quite trivially by getting an FTP account, mounting it locally with curlftpfs, and then using SVN or CVS on the mounted filesystem." https://news.ycombinator.com/item?id=9224

It's nothing new, that's how we get cute quotes, such as: * the one misattributed to Bill Gates, about 640k of RAM being enough for everyone * the one by Thomas Watson about the worldwide computer market needing only 5 computers * or more recently, the Commander Taco quote about the iPod: "No wireless. Less space than a nomad. Lame." Hindsight is funny :) Edit: Oh, and I have to tell BrandonM, if he's still around: i…

Post by learc83 » Tue, Oct 31, 2017, 5:47 PM UTC

AznHisoka wrote: post #62

jonas21 wrote: post #50

Earlier quoted context omitted.

That's the number of users who are paying. He mentions that he has over 100K total users. That raises an issue with this sort of model that I've never really understood: if only ~1% of users are paying, it seems like very small changes in conversion rate could make or break the business. Suppose the conversion rate goes down by just 0.3%. That would be a 30% reduction in revenue while you still have to run the infras…

That's not a real risk. That's an outcome. A risk is something that LED to that drop in conversion. It could be a competitor coming in with the same feature set, or something else. But a drop in conversion is not a risk, it's an outcome.

Post by saluki » Tue, Oct 31, 2017, 5:52 PM UTC

Trufa wrote: post #3

Congrats on this, loved the quote. >> The best startup book is one you never open because you're too busy marketing and building your product