This is so cool. Congratulations! Have you considered opening operating costs as well?
ente.com/open is fully automated. Publishing operating costs will create operational overhead, since we've to manually consolidate, label and publish expense records. Not excited about doing that right now, but would like to in the future. Currently we've runway for a few years, and a margin of ~70% – entirety of which is reinvested into building Ente.
Ente – Opening Our Books
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Re: Ente – Opening Our Books
#12Kinda unrelated, but the art direction on Ente's site is really top-notch.
Re: Ente – Opening Our Books
#13Re: Ente – Opening Our Books
#14Earlier quoted context omitted.
ente.com/open is fully automated. Publishing operating costs will create operational overhead, since we've to manually consolidate, label and publish expense records. Not excited about doing that right now, but would like to in the future. Currently we've runway for a few years, and a margin of ~70% – entirety of which is reinvested into building Ente.
If your margins are about 70%, do you have any plans to reduce your prices? Compared to other photo storage platforms, your pricing seems a lot higher. End to end encryption seems to be the only USP when a person looks at your hosted offering.
We have to reduce our prices, to make Ente's products accessible to a wider audience. But right now the focus is on building a sustainable business and increasing the probability of this business outliving us.
Re: Ente – Opening Our Books
#15I have been impressed with Ente products and customer service. It's good to see they are growing. That said, revenue information is not entirely helpful in a vacuum. I'd be more keen on seeing profit (even at a lower timeline resolution). What's the average cost for taking on a new customer? What's the retention/turnover? Etc. That said the products are great and I'd recommend them to anyone.
Re: Ente – Opening Our Books
#16Kinda unrelated, but the art direction on Ente's site is really top-notch.
I came to the comments to say the same thing! I would love to take a seminar or a class from the folks in their design department.
Re: Ente – Opening Our Books
#17This is one of those vanity blog posts, a “look at us, we’re open” blog posts without actual openness, or rather, limited openness where it helps their image and not openness that could backfire. Businesses don’t operate based on revenue. They operate based on profit. They operate based on operating expenses. They operate based off of free cash flow. Showing off revenue and number of accounts is showing off a tiny po…
Re: Ente – Opening Our Books
#18This is one of those vanity blog posts, a “look at us, we’re open” blog posts without actual openness, or rather, limited openness where it helps their image and not openness that could backfire. Businesses don’t operate based on revenue. They operate based on profit. They operate based on operating expenses. They operate based off of free cash flow. Showing off revenue and number of accounts is showing off a tiny po…
There's room for both.
Re: Ente – Opening Our Books
#19Re: Ente – Opening Our Books
#20Earlier quoted context omitted.
I came to the comments to say the same thing! I would love to take a seminar or a class from the folks in their design department.
I found it over blown. It took me far too long looking past the ducks to find out what Ente actually does. The design team don’t seem to be interested in the product.
This isn't clear?