> In general, the price per employee in an acquihire can range from $100,000 to over $1 million, with a more common range being between $250,000 and $500,000 per employee.
1,503 karma · joined November 9, 2012
Founder of: https://readlang.com
http://steveridout.com
> In general, the price per employee in an acquihire can range from $100,000 to over $1 million, with a more common range being between $250,000 and $500,000 per employee.
I started at $10 per year, then gradually raised prices as the product got better, always keeping existing subscribers happy by grandfathering them. At one point it was $4.99 every 3 months, which is the plan my mum is still on :-) For a brief time I offered a lifetime subscription for $100 and sold a few but felt uncomfortable offering to keep the service running forever with no further payments so killed it.
I ended up at $5 / month or $48 / year. It's possible I might increase it a bit more in future but for now I think it's better to keep these prices and try to grow user numbers instead.
One thing I noticed with some companies was that the yearly plan was very heavily discounted compared to the monthly one. To me that gave the impression of lacking confidence that monthly users will stick around long term, so I didn't want to do that.
Yeah I think it's true that popular mainstream consumer products tend to be cheap and highly polished, and that more niche products tend to be higher priced and less polished.
I imagine it would have been a lot harder in my case if we'd actually integrated Readlang with Duolingo, sharing user accounts and that kind of thing. Luckily it was quite separate. I was a little stressed dealing with accountants and tax stuff here in Spain, and worrying that the technical transfer would go smoothly. But dealing with Duolingo was super easy.
Funnily enough, in the original sale I negotiated for more cash and fewer options. Luckily for me they only moved a little bit in my direction since the options ended up being worth much more.
I actually remember asking them how restrictive they would be when it comes to sharing when I joined and they said they weren't as secretive as Apple, but that they weren't completely open about everything either. If I had had the urge to post anything I would have run it past people before publishing details about what our team was working on, and it would have probably been fine. But in the end, like I said, I was always busy and blogging fell by the wayside. (I was never a naturally prolific blogger anyway)
Readlang may not ever be appropriate for complete beginners. But it could do better at providing stories written in simple language appropriate for beginners in specific situations like yours. Right now there is a public library of shared texts: https://readlang.com/fr/library, and a list of popular websites: https://readlang.com/fr/links. But you're largely left to your own devices to find content, which adds friction for new users and isn't ideal.
With Readlang the idea is that you read actual websites in the language you're learning. If you're learning Spanish you might read El Pais or BBC Mundo for example. And to aid you, you can click on the odd word or phrase you don't understand to get a translation in English. It's intended for intermediate and advanced learners. Unlike Tucan you need to seek out texts to read in your target language, and Readlang offers a list of popular sites in each language to help you there: https://readlang.com/es/links, but there's obviously more friction than something like Tucan which fits into your normal English language browsing routine.
It's a web-app and browser extension to help people learn languages by reading texts or websites in the language they are learning, get helpful translation hints and definitions to aid comprehension, and then to practice the new vocab with flashcards.
I joined them shortly after and a year later I sold Readlang to them. In 2021 Duolingo IPO'd and I'm now financially independent, which may not have happened if not for writing about it on my personal blog.
(Oh, and I really ought to write another blog post about buying Readlang back from Duolingo last month!)
Disappointing. My expectation is that compute should get cheaper over time, not more expensive.
I agree that this would be nice.
I was wondering whether encryption might be compelling as a premium feature if this ever got enough users to think about monetizing it in future. What do you think?
I created it a few years ago and recently added the ability to create multiple notes and to sync your notes to the server.
Interested to hear your feedback, please keep it coming!
EDIT:
Just adding that there are two secret features that you can enable via the browser's JavaScript console:
1. Change locale to change the number format used in the answer column:
localStorage['locale'] = 'en-US'
2. Dark mode: localStorage['darkMode'] = 'true'
After running either of the above commands, refresh the tab for the change to take effect.In the meantime, there's a workaround you can use to change the locale by entering the following in the JavaScript console:
localStorage['locale'] = 'en-US'I’m skeptical, and this CNBC article quotes Elon refuting it:
> According to Musk, he does, in fact, "actually love trains, most subways and London buses." From https://www.cnbc.com/2017/12/21/elon-musk-versus-twitter-on-...
Postel's law (or robustness principle) states that you should be liberal in what you accept, conservative in what you output. Hyrum's law shows the danger in being liberal in what you accept.
(Shameless plug: I've just made public an open source CLI flashcard app where the example deck includes a set of Hacker Laws including the aforementioned ones, you can try it here: https://github.com/SteveRidout/flashdown)
I just made it public: https://github.com/SteveRidout/flashdown
I'm probably too late to this thread for many people to see this, but if you do and feel like trying it out, please let me know how you get on! :-)
> Empedocles (fl. 445 B.C., in Sicily) developed to a further stage the idea of evolution. Organs arise not by design but by selection. Nature makes many trials and experiments with organisms, combining organs variously; where the combination meets environmental needs the organism survives and perpetuates its like; where the combination fails, the organism is weeded out; as time goes on, organisms are more and more intricately and successfully adapted to their surroundings.
Durant, Will. Story of Philosophy (p. 82). Simon & Schuster. Kindle Edition.
I'd love it if someone could create a Gmail add-on which gets us closer to the ease of use of Inbox reminders.