froggebip

frogge

@froggebip

a frogge biþ a smal beaste

  • he/they

about me

  • fan of "bideo james"
  • programmer
  • anarcho communist
  • man-shaped enby guy
  • adhd
log inask
Bluesky
bsky.app/profile/frogge.cafe
Blog thing
lilypad.frogge.cafe/@froggebip
froggebip
@froggebip
rotsharp
@rotsharp
staff
@staff

December 2022 Financial Update

New year, same eggbug! I am personally very, very glad that Q4 is over because it was kind of a nightmare for us.

The biggest change right now is that we now have four full-time employees! We announced last month that @kaara would be joining the team and she started yesterday! She’s vital for fixing one of our biggest ongoing issues: our support backlog and response times. She’s obviously still onboarding, so don’t expect immediate (as in “today”) results, but expect things to improve soon.

Once again, no new terms! Check the past updates! Unless otherwise stated, all numbers are accurate as of January 4, 2023.

jkap
@jkap

by far the coolest thing in here for me is that one in ten active cohost users likes cohost enough to pay for it. that is absolutely bonkers and also a nice reminder for me that we're doing ok even if it doesn't always feel like that. thanks everyone.

dog
@dog

Be one of the cool kids

Join the 10%. cohost is good, and cohost is nice, and cohost with cash to make cohost better is even nicer.

You must log in to comment.

in reply to @staff's post:

Fluffies
@Fluffies

We don't have 5 dollars a month to give, but we'd be down to maybe give 1 or 2 now and then if that were possible / won't get eaten away by payment processors. Not even for Cohost Plus, we don't care about the benefits. Just want to contribute a little bit.

(We mention this, in case PWYW only applies for 5+ moneys)

login to reply
modulusshift
@modulusshift

thanks again for the transparency, I always love these monthly financial updates. I'm excited for gift subs when they're ready, I already definitely would have given out a couple if they were working lol, I'll just have to remember them for now.

Really curious about that CDN/image serving bit, will stay tuned for that.

login to reply
stefistarlite
@stefistarlite

With the current annual Plus options providing a $10 discount and with the upcoming pay-what-you-can options in the future, will the yearly amount be the most beneficial to you in terms of immediately available financing versus the smaller but over-time more monthly dollar amounts?

I hope that wording makes sense. ._.

login to reply
joXn
@joXn

I know from previous experience working for a company that made all its revenue from cloud services that the most important word in “monthly recurring revenue” and “annual recurring revenue” is “revenue”, but it’s followed very closely by “recurring”. A consistent cash flow that doesn’t go away over time is huge for planning purposes.

As such, subscriptions are far better than one-time payments (and cohost doesn’t even offer one-time payments); and presumably they’re offering you an discounted annual rate because they want you to take that deal if you can afford it. It lets them bank your money and use it immediately.

login to reply
Pinned Tags