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by mindcrime 4798 days ago
That's awesome. One good thing about what we're doing is that the monetization aspect is fairly straightforward. It's Open Source enterprise software, which we expect to sell under a subscription model very similar to what Red Hat does. I think RH and a few others have shown that this works, and the more I think about it, the more I realize that it's very compelling for the customer:

1. No huge upfront capital outlay

2. Paying part of the cost in (inflated) future dollars, which are less valuable than today's dollars

3. No big lump-sum version upgrade fee, ever.

We're still pre-revenue, but we are getting real close to making a serious effort to start signing up customers. In fact, I was trawling through Hoovers and Jigsaw earlier tonight, prospecting for leads in what we are targeting as our first attempted beach-head market. Over the summer we're going to be going after these guys hard and hopefully close a couple of deals.