Hey HN, NewsBlur's founder here. Just wanted to clear up a misconception about revenue.
1. The revenue (income/expenses) graph shows 16 months, not 12. Cut it off at March 2013 and you'll see a much healthier picture of NewsBlur's revenue.
2. Expenses are where they are because I let them get there. Notice that it's over 2/3rds payroll and subcontractors. That means it's all being invested back into NewsBlur. If I had to, I could easily cut down expenses, but then I wouldn't be building a better reader. I'm paying myself and my few subcontractors a healthy salary, which means we are sustainable at this rate.
And even with expenses where they are, as I've seen somebody do the math, revenue (which is recurring and will spike this month) far outpaces expenses. I don't show the dollar figures here, but there's enough in profit to hire a full-time engineer, which is something I plan to do with that secret project I alluded to at the end.
1. The revenue (income/expenses) graph shows 16 months, not 12. Cut it off at March 2013 and you'll see a much healthier picture of NewsBlur's revenue.
2. Expenses are where they are because I let them get there. Notice that it's over 2/3rds payroll and subcontractors. That means it's all being invested back into NewsBlur. If I had to, I could easily cut down expenses, but then I wouldn't be building a better reader. I'm paying myself and my few subcontractors a healthy salary, which means we are sustainable at this rate.
And even with expenses where they are, as I've seen somebody do the math, revenue (which is recurring and will spike this month) far outpaces expenses. I don't show the dollar figures here, but there's enough in profit to hire a full-time engineer, which is something I plan to do with that secret project I alluded to at the end.