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bmiekre | 8 months ago

The reality is they paid for the subscribers, not the code. 250,000 sign ups is a lot. Sounds like they hit a real pocket, I would guess on LinkedIn ads/content. I can imagine a ton of non engineers who doom scroll LinkedIn would easily have signed up for a free account.

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cess11|8 months ago

On average 320 dollars per line in that registry, over the next five years they'd only need to extract, on average, about five dollars per month from them to break even.

Retric|8 months ago

It’s the track record of 0-250k people in six months not just the current number of users. Presumably more people can be added fairly soon at minimal cost.

Also $25 million of that is essentially a retention bonus for the employees.

tomgs|8 months ago

I can say, at least from looking at it from up close, that it doesn't seem like paid ads did the trick here. It was a community play, all along.

Don't have proof, but the discord community and the WhatsApp groups tell a decent story.

See my other comment in this thread for more comments.