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2M users but no money in the bank

exercism.org

191–200 of 367 posts

Re: 2M users but no money in the bank

#191
post #79

Earlier quoted context omitted.

> Where the fuck are the VCs looking at serious hackers with millions of users who haven’t gotten the business model dialed in yet? Busy investing in AI?

These guys should "pivot to AI". Should be able to get a full B for an Ai company with 2 million users.

Sell the code submissions as training data.

Re: 2M users but no money in the bank

#192
That's too bad.

I used to contribute to Exercism a lot (I'm still technically a maintainer but haven't meaningfully helped in a while), I think it was the first OSS project I contributed a large amount of effort to. I was more or less the sole maintainer for C++ for a while and also helped with the C track.

It's definitely a good service and OSS project, I recommend it a lot. Fundamentally though people don't want to pay for things that they can get for free, or they're used to getting for free.

If people actually want OSS projects to survive, you should be giving a little bit of recurring money. I set aside $XX/month to distribute to projects and I don't even work anymore.

Re: 2M users but no money in the bank

#193
post #164

Earlier quoted context omitted.

$7500/mo easily hires two great 10 yr experience developers in most parts of the world.

Maybe I'm out of touch with how things have changed over the last year or 2, but 2 years ago you'd struggle to find 1 great dev with 10 YoE for that price ($90K/yr) Even if things have changed now, I can't imagine you'd find a great dev with 10 YoE for less than $80K/yr, and that's hiring globally (with the time zone issues that come with it). You can probably get 1 OK dev and 1 bad dev with 10 YoE for that price tho…

You are out of touch with most parts of the world. Average income worldwide is about $10K a year. So 90K it about 9 times average income and in many parts of the world hires the top 10% of developers of that country.

But It will probably hire less then half of a US developer that then pisses all the other money away on overpriced AWS Servers, so that is right.

Re: 2M users but no money in the bank

#195

Earlier quoted context omitted.

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.

You'd probably want to charge $10/year (once) rather than $1/month. It's still an easy choice for many people (of course still inaccessible for students in some countries).

Another option is to make deals with universities or schools for access for their students where they pay a certain amount per year and the students can all have access

Re: 2M users but no money in the bank

#196
My heart is in pain from reading this post - as everybody's who had a startup & encountered the "poor fit" argument. I particularly feel for you regarding the problem of being more generic than needed when people prefer smaller scope (happened to me a few times).

I don't have a solution for you, and you probably tried a lot of prudent things. I assume you have already contacted people that buy into educational software (e.g. Kevin O'Leary of 'Shark Tank' fame)?

I wish you some kind of miracle that turns things around; sometimes once conversation can change everything. Surely this user base deserves that the site finds a way to sustain.

Re: 2M users but no money in the bank

#197
I just had an idea that is a shot in the dark but you could try cold calling large companies with complicated SDKs to see if they will pay you a large monthly fee in exchange for exercism hosting a tutorial they create for their SDK.

You already have the sandbox and the support for the most popular languages.

It may take some development to build out the feature but you probably wouldn't need too many to sign on to cover your costs and you could still leave your core offering free.

Re: 2M users but no money in the bank

#198

So you need to charge, but don’t want to lie about the 100% free part even though you can change that So you need to upcharge. It is 100% free… to start and then there is a subscription that is paid to finish the language course, shown in monthly cost but charged annually by default more languages? charge more You can sell the account data to recruitment firms. Everyone hates this but you know that your users are the…

I'm not sure whether to be appalled by your suggestions or impressed by your blatancy

wait till you see educative.io‘s pricing then

85% off on the annual plan, just that it’s $200, but at least you’re not paying $99/month anymore

the interesting thing about the not “not-for-profit” model is that all you have to do is just undercut educative.io by a tiny bit

Re: 2M users but no money in the bank

#199
Like many others I had never heard of this service. I looked and I am very very impressed. The way topics are laid out... someone put a lot of thought into this.

I would love for this site to continue and thrive.

I also agree with some others here that the hosting at AWS is probably best left to organizations that have a lot of spare cash. It is way overpriced. I self host a fairly busy site. It is mostly hands-off. I have never really fully understood the AWS premium.

Re: 2M users but no money in the bank

#200

Earlier quoted context omitted.

ah I see that might be a bit more tricky. I was wondering why the costs were so high. For example, I serve roughly 3 million users on a $40/month VPS. I only run Postgres + Django, if I use Supabase and all these other fancy cloud SaaS I wouldn't be able to sustain it as the costs would increase 10~20x fold.

(supabase ceo) our postgres offering costs roughly equivalent of RDS so if you use it with Django I don’t think you will come close to 20-40x a VPS, ymmv, depending on your workload We have an Auth service, but since you use Django you wouldn’t need it - sounds like you’d only need postgres (like a lot of our customers)

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