Earlier quoted context omitted.
We're paying ~$1k/month for all our webservers (which is a dozen ECS instances). They're handling about 3,000 requests per second (but that does sometimes massively spike to tens of thousands if not more). We're paying ~$1k/month for all our tooling servers (so the 150 different test runners, representers, analyzers that are used to check peoples code. There's >=1 of those running every second). Bare in mind, we're r…
I've mentioned this before on HN, but we had a single postgres machine primary read/write server that did 4k QPS 24/7. It had DDR ram as storage on a PCIe card, of course, but this was before "SSD" was a thing. It was for a site that hosted portfolios of images, for both people in the images and people who took the images, and such. The front end data (the images and text) was, iirc, 3TB. Sometimes we'd need a server…
2M users but no money in the bank
141–150 of 367 posts
Re: 2M users but no money in the bank
#142Congratulations on a very successful platform! (Success should be measured in usage/reach, not $). You've probably thought of this, but it might be easier to charge a very small amount -- say $1/month, which most people even students, could afford, rather than rely on donations. If you get 1% of users paying that, it's still $20K month which is more than you're getting now. (Of course managing the payments themselves…
Re: 2M users but no money in the bank
#143Congratulations on a very successful platform! (Success should be measured in usage/reach, not $). You've probably thought of this, but it might be easier to charge a very small amount -- say $1/month, which most people even students, could afford, rather than rely on donations. If you get 1% of users paying that, it's still $20K month which is more than you're getting now. (Of course managing the payments themselves…
There will still be plenty of students (mainly from outside of the West) who will immediately lose access if anything gets paywalled by even a cent because of various reasons.
Re: 2M users but no money in the bank
#144The only way out for something like this to stay afloat is to be subsidized by a big tech company. $7,500 monthly is nothing to a large tech company. It sort of does makes sense for big companies to subsidize this so that the quality and amount of software engineers that join their company increases. This value prop is intangible, but I feel like at least one big company would go for it.
The $7500 jumped out at me, but for a different reason. This seems awfully high for a site with 2 million registered users. I feel like some backend optimization could get than number way down ($1000/mo?). What is all this computing power going towards?
Re: 2M users but no money in the bank
#145Earlier quoted context omitted.
I don't want to armchair ops your decisions, but maybe do consider moving to some dedicated Hetzner servers, at least for the runners. You can probably reduce that cost tenfold relatively simply.
AWS will charge for network traffic, both in and out. Would need to calculate what is cheaper.
Re: 2M users but no money in the bank
#146Congratulations on a very successful platform! (Success should be measured in usage/reach, not $). You've probably thought of this, but it might be easier to charge a very small amount -- say $1/month, which most people even students, could afford, rather than rely on donations. If you get 1% of users paying that, it's still $20K month which is more than you're getting now. (Of course managing the payments themselves…
Would $1/month even be worth it? It seems payment processors would take a big chunk out of that $1, which is why I very rarely see monthly subs of that amount.
Re: 2M users but no money in the bank
#147Congratulations on a very successful platform! (Success should be measured in usage/reach, not $). You've probably thought of this, but it might be easier to charge a very small amount -- say $1/month, which most people even students, could afford, rather than rely on donations. If you get 1% of users paying that, it's still $20K month which is more than you're getting now. (Of course managing the payments themselves…
Would $1/month even be worth it? It seems payment processors would take a big chunk out of that $1, which is why I very rarely see monthly subs of that amount.
PayPal's traditional fee (for USD)[1] = 3.49% + $.3, for $1 = $0.3349
PayPal's micropayment fee (for USD)[2] = 4.99% + $.09, for $1 = $0.1349
Using that model would make sense in OP's case.
[1]: https://www.paypal.com/us/webapps/mpp/merchant-fees#statemen...
[2]: https://www.paypal.com/us/webapps/mpp/merchant-fees#micropay...
Re: 2M users but no money in the bank
#148Congratulations on a very successful platform! (Success should be measured in usage/reach, not $). You've probably thought of this, but it might be easier to charge a very small amount -- say $1/month, which most people even students, could afford, rather than rely on donations. If you get 1% of users paying that, it's still $20K month which is more than you're getting now. (Of course managing the payments themselves…
Most organizations aim to survive as long as possible, so financial sustainability ($) is crucial.
Re: 2M users but no money in the bank
#149Congratulations on a very successful platform! (Success should be measured in usage/reach, not $). You've probably thought of this, but it might be easier to charge a very small amount -- say $1/month, which most people even students, could afford, rather than rely on donations. If you get 1% of users paying that, it's still $20K month which is more than you're getting now. (Of course managing the payments themselves…
Would $1/month even be worth it? It seems payment processors would take a big chunk out of that $1, which is why I very rarely see monthly subs of that amount.
Re: 2M users but no money in the bank
#150> We've tried a lot of things to change that. We've spoken to hundreds of funders and companies, The goal isn’t to get investors! It is to get money from customers. A lot of startups seem to get this wrong.