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RowanH | 1 year ago
There's tonnes of companies that have legacy 'pay upfront' models, that hit the wall as they'd saturated their markets, then their revenue stream dropped off and all of a sudden saw the wall of transitioning to web/mobile needing to happen and didn't have the funds to pull it off.
I'd almost completely forgotten about it until I was challenged by a prospect in a meeting monday 'is this one of these new lease software systems, I want to own it!" had to educate him on the way the world worked now...
theshrike79|1 year ago
Subscriptions bring in steady money that allows for better forecasting and resourcing.
Releasing a Very Big Paid Update every year or two years brings in an unknown lump sum of money with a tail end that might or might not be enough.