This is cool, I was looking into Ente to supplement Google Photos (I got 6k of my kid's photos, my Google account is associated with too many things and I worry about losing access). $1M ARR seems low though.
Their costs are low, being based in India.
Ente – Opening Our Books
91–100 of 119 posts
Re: Ente – Opening Our Books
#92Buffer.com is famously open as well, if you like this kind of stuff. Revenue: https://buffer.com/metrics Expenses: https://buffer.com/transparent-pricing Salaries of every employee (which seems like PII to me): https://buffer.com/salaries And more: https://buffer.com/open
Those are killer salaries for the ones not in the US. Imagine earning $160k USD in Morocco, Nigeria or Panama. 99.9th percentile.
Re: Ente – Opening Our Books
#93Re: Ente – Opening Our Books
#94Earlier quoted context omitted.
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.
70% is our gross margin. We have expenses outside of infrastructure (people, ops, marketing, ...). 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
#95Earlier quoted context omitted.
>> "but practically speaking [they] are broke" > How do you know this? They were not claiming a fact, they were posing a hypothetical.
They mean even in the hypothetical how would they know, without open books? They're just theorizing, same as with revenue.
Of course, the whole point is that you typically would have no idea of the numbers unless the books are open and include both numbers. Which Ente is not doing.
Re: Ente – Opening Our Books
#96What I don't get about Ente is their E2E promise. When you share albums with someone else, the key is passed in the URL. Nothing prevents Ente from grabbing the key and decrypting all the data at this point. So it's basically "E2E, trust me bro". Or am I missing something?
The key is passed in the URL fragment. URL fragments do not leave your browser. Implementation details here: https://ente.com/blog/building-shareable-links/
Re: Ente – Opening Our Books
#97Re: Ente – Opening Our Books
#98Earlier quoted context omitted.
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.
70% is not unreasonable gross margin. What makes you think that’s a reason to ask that they lower prices? That 70% has to cover a lot of expenses.
Re: Ente – Opening Our Books
#99Earlier quoted context omitted.
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.
That’s not the only unique selling point. It’s a very refined and feature-complete product with e2ee. Many alternatives just don’t have feature parity…Ente has been of the few alternative apps where you can say “it has everything important Google/Apple Photos has.” It has desktop apps, which a number of alternatives don’t have. It has automated continuous plain-directory export for making your 3-2-1 backup that uses…
Re: Ente – Opening Our Books
#100Are there any other self-hostable E2EE cloud products as good as Ente? This company is great. AGPL as well.