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by lucasarruda
1052 days ago
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> Depending on the costs, 600,000 euros a month is pretty good even if it doesn't last forever. What? 600k euro per MONTH is like you can retire forever in one year. That would be 7mm euro. More than like what most people make during their entire life. But of course they probably made that in revenue, not profit. Still, I bet they are in a pretty good spot to create a new product, company, etc and with a nice cash reserve if they want to retire. Btw, according to the article they still keep their old customers, so not like the service has being completely shut down. It's just that they can't take new customers, so at some point they should have pretty low revenue, but maybe they still have a fair amount per month like 100~200k with a super reduced team. |
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