Hacker News Reader

I read the announcement honestly sounds like they are doing some cool things.

A year ago they had 180k paying customers. If we generously put them all on biz at $50/mo that’s $9M/mo or $108M/yr. Pro gives half that. They say now they have $500M run rate. So 5x+ growth in a year? Nice.

View on HN

Churn for these no code businesses has to be off the charts. I wouldn’t count this revenue to hold once everyone had their first try.

For a lot of companies these tools exist in the world of shadow IT spend, so they can go on being paid customers with no usage, tied to various IC accounts/credit cards for a long, long time.

Just to be clear that's ARR one month signups and short terms sign ups are included in this madness.

Reply on news.ycombinator.com