[pfitzsimmons]

So 2,200 signups turned into 9 active users. If those were paying customers, than that is a .5% lead to customer ratio. There are companies that have built large businesses with a ratio like that. I'm not saying that OP should continue the business, his other reasons for giving it up may be valid. But a .5% conversion ratio is really not that bad for a brand new product. Very few products are instant hits.

[thibaut_barrere]

Exactly - after being featured on HN, my SaaS got around 1k email signups, and out of my head only 15 to 20 translated into paid customers. There is a lot of work to be done to improve that, and it does not mean the product isn't good.