nerdnorth

Sweet! It's good to see an Edmonton based startup get some traction.

Biggest takeway for me: look at the effect unit price has on revenue

Just doing a quick analysis of the first two: http://d.pr/i/hhne

Having higher price-points dramatically increases total earnings.

Is there something similar to this in the USA?

Managing a company is a lot different than starting a company. I think that's what Cohen is getting to here: he was good at growing the company in the beginning, but managing a company of 80 people is a completely different job description.

Such a humbling post. There's not many people giving this advice: "So you want to create an app that helps a customer? Why not work for that customer at minimum wage first?"

What are some examples of companies that have succeeded without taking this approach?

Also: examples of great products that people are struggling to market effectively?

Do you think it's more important to build products for the end user, or (especially in a B2B situation) the people that are paying for it?

That article is full of gold:

2012 - Operating Expenses: $25 million, Revenue $14 million (that's an $11 million loss on paper)

For 2013, they're saying they'll need to hit 4x revenue growth in order to hit profitability?

Does that mean 4x the ads for their (fickle) userbase?