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2M users but no money in the bank

exercism.org

331–340 of 367 posts

Re: 2M users but no money in the bank

#331
post #22
post #16

Earlier quoted context omitted.

> Are they using AWS? Yes!

You’d think they’d use a cheaper hosting service if that’s literally the only thing preventing them from having positive gross profit.

> if that’s literally the only thing preventing them from having positive gross profit

It’s clearly not if the founder isn’t taking a salary and they just had to lay off their only employee..

Re: 2M users but no money in the bank

#332
post #53

This is one of the saddest posts I've read in a long time. I love exercism. It's beautiful, works in the browser and from CLI. The lessons are really well designed. It's the perfect coding school environment. So, I'm sad it isn't viable. But, I think I am really saddened by the comments here, second guessing all the decisions they made. If I were to second guess the people behind most of the comments, I would assume…

> I love exercism. It's beautiful, works in the browser and from CLI. The lessons are really well designed. It's the perfect coding school environment.

By any chance do you also donate?

Re: 2M users but no money in the bank

#333

Earlier quoted context omitted.

Completed the whole c++ and PHP paths there. It is by no means a way to learn those languages in my opinion.

Then what was the value for you?

I really liked the gamification aspect of the site and I couldn't leave the course unfinished!

Re: 2M users but no money in the bank

#334
> Right now, we have about 800 monthly donors and about $7,500 in monthly donations. That covers our server costs pretty much exactly.

For only 2M registered (not even monthly) users? Tell me you are using AWS without telling me you are using AWS.

Let's think about their heaviest workload, which is likely running user-submitted code server-side to test those exercise submissions. Say it's really bad performance-wise and costs 1s of single-core CPU time per submission. 45m submission gets us 520 days of CPU time.

I'm going to go out on a limb and claim their entire site could run off a $50/month dedicated server, and it would be unimpressed.

Re: 2M users but no money in the bank

#335
post #71
post #53

This is one of the saddest posts I've read in a long time. I love exercism. It's beautiful, works in the browser and from CLI. The lessons are really well designed. It's the perfect coding school environment. So, I'm sad it isn't viable. But, I think I am really saddened by the comments here, second guessing all the decisions they made. If I were to second guess the people behind most of the comments, I would assume…

Thank you for being so kind and supportive. I really appreciate your comment. I'm ok. I'm hopeful for the future. I believe there's lots of amazing stuff we can do and that Exercism has a great future. But right now it's in a hard, low place. The last few months have been pretty tough emotionally, but I think getting to this place is one of acceptance. The only direction now is up :)

Can you detail the $7,500 a month server bill please? What hardware are you paying for and in what quantities? Would love to compare to what we're using at Linode to see if maybe there is a better pricing structure out there for you.

Re: 2M users but no money in the bank

#336
post #71

Earlier quoted context omitted.

Thank you for being so kind and supportive. I really appreciate your comment. I'm ok. I'm hopeful for the future. I believe there's lots of amazing stuff we can do and that Exercism has a great future. But right now it's in a hard, low place. The last few months have been pretty tough emotionally, but I think getting to this place is one of acceptance. The only direction now is up :)

I submitted the article to HN after reading it and I have joined the Exercism Insiders - recurring $10/month, a very fair deal. Hope that has helped a bit! As someone already mentioned please consider adding ways for monetizing, ads + remove ads, paywall, paid exercises, etc. to stay afloat. Also please get in touch, email in bio, I don‘t have anything concrete in mind but would like to be in touch. In another life I…

Thanks so much for your support :)

Re: 2M users but no money in the bank

#337

Sounds like a very useful service. I just signed up. Did you consider to inform new users that the service is financed by donations? You seem to focus on "always free" which is nice but I guess most people are also ok to pay some money if your service is useful to them. I guess this might drive some more donations if people knew that you need money. Also a banner like Wikipedia (maybe a bit less annoying) would work.

Hello. You'll get an email after a day telling you about it, and you'll get a banner after you've submitted a couple of exercises :)

Re: 2M users but no money in the bank

#338
post #123
post #9

out of money, final payroll, no alternative but to go into zombie mode, yet for the last few months the co-founder has been working on his next product which will launch in 2025. maybe everything that could have been tried was tried but this comes off like some of the effort spent working on the next company could have been spent keeping this one alive

> but this comes off like ... You don't know more about the company than them. Most likely they saw this coming months ahead of time, and needed to figure out how to pay their own rents after actual doomsday and needed to pre-emptively start figuring out what's next. Founders who don't start with a pre-existing financial cushion have very, very little job security if they underpay themselves and their businesses shut…

Exactly. Thank you. Also, I'm using the new thing to keep exercism funded. But even if I wasn't, your post would be entirely true!

Re: 2M users but no money in the bank

#339
post #53

This is one of the saddest posts I've read in a long time. I love exercism. It's beautiful, works in the browser and from CLI. The lessons are really well designed. It's the perfect coding school environment. So, I'm sad it isn't viable. But, I think I am really saddened by the comments here, second guessing all the decisions they made. If I were to second guess the people behind most of the comments, I would assume…

When your Internet-site-based business can no longer afford to pay its bills, start charing and lock out everyone who does not pay.

Maybe you can reopen a free tier later, but for now you are in panic mode.

Re: 2M users but no money in the bank

#340

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.

Some payment processors have "micropayment" fee structures, where they take a higher % (5% in PayPal's case) for a lower fixed fee per transaction. 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://…

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