37signals Releases Backpack Financial Numbers

http://www.37signals.com/svn/posts/863-the-new-backpacks-first-24-hours

by unfoldedorigami • 18 years ago

40 13 18 years ago

37signals.com

stillmotion2• 18 years ago

Misleading title. They only shared the numbers from yesterday.

jrsims• 18 years ago

Well, they are financial numbers aren't they?

dcurtis• 18 years ago

Misleading by omission.

Should be"releases financial numbers... for yesterday."

gibsonf1• 18 years ago

Actually, only the new from yesterday - not the already signed up users.

alaskamiller• 18 years ago

my random guesses for their revenue:

- basecamp: $550,000/yr

- signal vs noise (jobboard + deck): $200,000/yr

- backpack: existing + new customers = $100,000/yr

- highrise: $100,000/yr

- campfire / writeboard / ta-da list: $75,000/yr

- get real book: $75,000, span of its entire publication run

37s is at least a 1 mil a year company

stillmotion2• 18 years ago

I think Basecamp makes boat loads more than we realize. That's why they're so secretive about the numbers.

pius2• 18 years ago

Or quite the opposite.

blamfilter• 18 years ago

I think you are off by a factor of 5-7x

pius2• 18 years ago

I think you're closer than Alaska is. A million dollars a year is nothing when you've got nine high-profile employees in Chicago. Jason Fried is good enough of a business person that he's not going to run a firm with dangerously low margins.

redorb• 18 years ago

37signals / basically the google of the SAAS model.

martin• 18 years ago

Isn't Google the Google of the SaaS model?

spolsky• 18 years ago

if you're really determined to figure out their revenue, work your way backwards from their 9 employees. Most software companies take in $100,000-$200,000/yr per employee per year in top line revenue.

wisernow• 18 years ago

Excellent point. My guess is that they could be a bit higher, up to 300K per employee (that would be a somewhat exceptional, I grant you). $300K estimate would give $2.7 million per year.

37signals Releases Backpack Financial Numbers

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