341–350 of 354 posts
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What's unwise about $100 million in revenue?
The $1Bn+ valuation. It's not that a note app can't be successful, but clearly not with SV style funding and expectations.
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I use Google Keep because I had sync issues with Remember The Milk on Android and wasn't about to continue paying them, but Keep is trash. It's a typical side project from a Googler. It's exactly what it was like when they rolled it out. Maybe a tiny feature here or there was added (I haven't noticed any), but it's a static service that is barely usable.
I use Google Keep every day. These are my requirements from my note taking app: - simple plain text note-taking; - available on android, iOS and web; - available offline and syncs (more or less) reliably; - full text search. I do not want more features on my note-taking app. I do not want it to go on steroid. Google Keep is not trash. It is perfect for the intended audience. You are just not part of that audience.
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I think they idea was to pick up the pieces when Slack implodes. Most of these businesses, looking for 10x growth, do so at some point. gitlab and bitbucket ain't github, but as github started burning, they started picking up steam. github sold for $7.5 billion. If they can get 1% of that value, that's still $75 million. If they can do so on the cheap, maintaining control, that's not a bad return. I doubt something l…
I'm not sure if you're trying to say that GitLab could be five-person company, but it's much larger. I don't think they list the number of employees, but say 56 countries so I'd wager at least two or three times that.
Most people don't know this, but evernote was created maybe 15 years ago, as a desktop app ( https://lifehacker.com/download-of-the-day-evernote-2-0-wind... ). I used evernote before their version 3, which is the one everyone knows today. Evernote 2 was a brilliant note taking app, the first and best of its kind, and it cost a few dozen bucks, which I gladly paid... Then they shifted to the online version called Ever…
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I'm torn on this. I think single-purchase licenses work for some things, but they're a hard sell for others. For example, I really, really can't justify paying for a password manager for example. At the same time, monthly subscriptions make sense for some things but don't make sense for others.
It's funny how people can have opposite opinions on what constitutes an essential item. For me, the password manager is at the core of everything I do... And it's the first one I'm willing to pony up money for... Even more than the cost of maintaining my personal domains.
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Turns out the "buy once forever" isn't a sustainable business model. And business' look for a sustainable business model, because it's literally a question of life and death for them.
Looking at how people are pissed at subscription apps, "pay forever" doesn't seem sustainable either. If people ain't paying for newer release (as in old good charge-for-major-upgrades model), maybe that piece software can be considered "done" and it's time to go after another sector?
The main problem with Evernote seems to be that their total-available-market is way too small to justify their valuation and expenses. It's core success is as a note-taking app - how big is the market for that really? They are competing against free alternatives like Emacs-org-mode, Apple Notes, and Google Keep. Sure, they can carve out a niche for themselves as a premium multi-device cloud-based no-ads app. But a $1…
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I use Google Keep because I had sync issues with Remember The Milk on Android and wasn't about to continue paying them, but Keep is trash. It's a typical side project from a Googler. It's exactly what it was like when they rolled it out. Maybe a tiny feature here or there was added (I haven't noticed any), but it's a static service that is barely usable.
I haven't seen the name Remember the Milk mentioned in years. I had to google them and was a little surprised to see that they're still around.
Most people don't know this, but evernote was created maybe 15 years ago, as a desktop app ( https://lifehacker.com/download-of-the-day-evernote-2-0-wind... ). I used evernote before their version 3, which is the one everyone knows today. Evernote 2 was a brilliant note taking app, the first and best of its kind, and it cost a few dozen bucks, which I gladly paid... Then they shifted to the online version called Ever…