Forum Posts Feed
Evernote yet again
< Next Topic | Back to topic list | Previous Topic >
Posted by Dr Andus
Oct 7, 2016 at 10:21 AM
shatteredmindofbob wrote:
>10 overseas offices? For a notetaking app?
Yeah, that’s definitely a strange one…
Posted by Paul Korm
Oct 7, 2016 at 10:22 AM
The link is now dead (404) and in a cursory search of the Herald site it seems the article is no longer there. Hmmm
When the article did exist, it claim that Evernote’s revenue was $36 million annual. Seems low, but taking that as true—it would mean the 150million users are paying on the average 24 cents/year. At that rate, those who buy the Premium subscription are in essence “subsidizing” around 300 users. Not a great model. If they are searching for a way to monetize the service, then get rid of all free accounts—set the fee at $30 annual (for example) and lose 99% of existing users but break even. Looks like paying for house cleaning service and free meals didn’t attract some economics 101 grads with common sense.
WSP wrote:
A long, interesting article about Evernote’s decline:
>
>http://www.smh.com.au/business/innovation/how-us1-billion-evernote-went-from-silicon-valley-darling-to-deep-trouble-20161006-grw7eg.html
Posted by Stephen Zeoli
Oct 7, 2016 at 11:10 AM
Paul Korm wrote:
>If they are searching for a way
>to monetize the service, then get rid of all free accounts—set the
>fee at $30 annual (for example) and lose 99% of existing users but break
>even. Looks like paying for house cleaning service and free meals
>didn’t attract some economics 101 grads with common sense.
>
>>
That’s exactly what I think they should do. Freemium makes sense for a new company trying to get people to try out the service, but not for one that’s been around for a while.
Steve Z.
Posted by MadaboutDana
Oct 7, 2016 at 11:54 AM
Wow, that was some seriously fast footwork by Evernote’s lawyers. Clearly they can still afford them ;-)
Paul Korm wrote:
The link is now dead (404) and in a cursory search of the Herald site it
>seems the article is no longer there. Hmmm
Posted by Dr Andus
Oct 7, 2016 at 12:03 PM
Try this link instead:
http://www.businessinsider.com.au/evernote-is-in-deep-trouble-2015-10
it looks like the article was originally from OCT 4, 2015.