Topic: Freebieservers.com - 75,000 Users and growing! (Read 71286 times)

bitdraw · « **Reply #160 on:** May 23, 2015, 01:57:28 pm »

Quote from: Freebieservers on May 21, 2015, 03:24:43 am

Dividend payments sent.
We might do div payments more often as some of our side projects take off.

how much div was payed out, is there a list?

and from what account do u send?

greetings

Freebieservers · « **Reply #161 on:** May 25, 2015, 01:33:55 am »

Sent from official issuer account.
If you pm me your wallet id I can revert with amount sent.

Note : I've completed work on the official business plan. For those looking to attain information on the functioning of the company, feel free to drop me a message. I am not posting it publicly due to .. obvious reasons

I'll no longer be (much) available on the SN slack, so PM's here would be optimal to get in touch with me. \

Here's some number porn on an ending note

Freebieservers · « **Reply #162 on:** May 25, 2015, 10:54:10 am »

https://docs.google.com/document/d/15buSmol7Fx1nVbI7wgK3UauX281DtSI_9GwWGfldxzY/edit

The business plan for those that are interested.

Freebieservers · « **Reply #163 on:** June 08, 2015, 09:25:32 am »

Hey guys,

Important update from our side.

Its been over a year since I've joined FS and the growth rate has been unusually high. Since May, we've consistently seen sign ups to the tune of what we usually see on the best days of 2014. This has created some sweet problems for us to solve.

1. As our growth rate increases to 4x of what it once was (yes, we're inching closer to a million), it becomes important for us to figure out how to effectively monetize our traffic. Most of our ad deals have been direct ones and we've seen close to 12k come into the business in those terms. I personally work on such deals and seal the deal directly with the business owners. But as this grows bigger, I've realized that we need a relatively automated solution. I have personally played atleast 200 hours of Cs:Go over the last summer to get a proper grip on the product and then wrote the Business plan. If you guys have read the business plan, you would know that we have 2 main modes of monetizing.

a. Mid-Game message of the days
b. Opinion polls for A/B testing

In order to ensure the former happens effectively, I've struck a deal with a private advertising agency that will work with us on a net-7 basis. This will also deliver payments at 3x the amount we get currently on a net-60 basis. Sadly, in order to deliver these ads optimally, we have dev works to the tune of 5000 USD on the platform. In comparison with other projects, FS has raised only 5.5k so far, all of which was spent on developing the back end platform. I am thinking of raising another 5500 to finish up the work that's left.

B. If such scale of growth continues, we will become unsustainable around 4 months from now at which point we'll need to shut doors to new sign ups and sustain our present user base. This will become a major problem as we won't have a potential for growth or further monetizing.

C. We have the choice of issuing a MS currency, but sadly outside the realm of Nxt, noone cares about it and that's a sad predicament. If users here are willing to buy 5k usd worth MS currency, we are willing to issue them and honor them for ad deliveries.

Thus to sum it up, we are going to go ahead with selling more shares.
I personally prefer working with individuals directly, that would like to rack up some shares.
Message me if interested.

Sebastien256 · « **Reply #164 on:** June 08, 2015, 09:42:53 am »

Hi Freebie,

You are issuing new shares, but each shares will still worth the same pourcentage in profit sharing with freebieserver?

Freebieservers · « **Reply #165 on:** June 08, 2015, 09:48:22 am »

Quote from: Sebastien256 on June 08, 2015, 09:42:53 am

Hi Freebie,

You are issuing new shares, but each shares will still worth the same pourcentage in profit sharing with freebieserver?

Hey Seb,

We are not issuing new shares.
We are only putting out some more on the market place for sale.
I had sold only around 250k'ish earlier, transferred 400k to LibertyNow as escrow holding (for a private reason) and have the rest with me.
The strategy has always been to release shares only as business needs arise and not to go on a fund raising spree and do nothing.
I have a few business calls today / some private parties interested. If things don't fall in place we'll be falling back on the AE

Regards

Sebastien256 · « **Reply #166 on:** June 08, 2015, 10:24:05 am »

I see, thank you for the clarification

Look like I misunderstood.

Freebieservers · « **Reply #167 on:** June 08, 2015, 10:52:46 am »

Quote from: Sebastien256 on June 08, 2015, 10:24:05 am

I see, thank you for the clarification
Look like I misunderstood.

We have some major product releases and project revamps coming soon.
I'll disclose details post business meetings later today

bidji29 · « **Reply #168 on:** June 08, 2015, 06:41:49 pm »

On your site, it say you served 120,000 ads since your inception. It doesn't seems to match the 490,000 impression / month (for an userbase of 7000) you show in the document.

I see a lot of projected numbers but i would like to know the current ones. How much do you generate per month for exemple.

I like what you are doing and I hope the best for you, but it's hard to invest without more information

Nxtblg · « **Reply #169 on:** June 08, 2015, 07:29:21 pm »

Quote from: Freebieservers on June 08, 2015, 09:25:32 am

...B. If such scale of growth continues, we will become unsustainable around 4 months from now at which point we'll need to shut doors to new sign ups and sustain our present user base. This will become a major problem as we won't have a potential for growth or further monetizing....

Sry, but could you elaborate on this a little w/o spilling any trade secrets?

Freebieservers · « **Reply #170 on:** June 08, 2015, 07:36:30 pm »

Quote from: Nxtblg on June 08, 2015, 07:29:21 pm

Quote from: Freebieservers on June 08, 2015, 09:25:32 am
...B. If such scale of growth continues, we will become unsustainable around 4 months from now at which point we'll need to shut doors to new sign ups and sustain our present user base. This will become a major problem as we won't have a potential for growth or further monetizing....

Sry, but could you elaborate on this a little w/o spilling any trade secrets?

I'll probably require a graph to explain this but lets hope a wall of text does the job.
Startups in their early stage have the challenge of cracking a number of problems ,

1. Product development.
2. User Acquisition
3. Monetization.

Large troves of users can't be acquired without good products.
Good products can't be of any use unless there are sufficient users.
So points 1 & 2 are a chicken and egg problem.

In case you noticed how we've approached this, we had a user base with basic, tools on since last year. With our last round of funding we had developed the "product" and thereby leveraged it to further elevate our user base.

Start-ups in a freemium model (eg : snapchat, whatsapp, facebook etc) , always reach a point where they have to clearly define how they will monetize their user base as things scale. FS is currently in that stage. We intend to create an advertising suite for potential advertisers to make an easy and intuitive platform for them to buy ads, track its delivery and see how effective it is - all without our involvement.

If we continue to go at the growth rate we are at right now, without cracking the monetizing aspect, it will be a lot like a man on steroids. Its unhealthy growth. We had our emphasis on growth and the product so far, and currently our emphasis is on the monetizing aspect.

Admittedly, we have a MAJOR project coming out from our stable soon, so for the moment, I haven't listed any shares on sale. I'll be posting updates on it by tomorrow.

For the user that posted before that :
The figures on the site are from Jan 2015. We are a small team of 3, so its often hard to update tiny bits. We have stopped taking support tickets from social media channels to streamline our efforts for instance. The numbers in the first slot of the financials section explain the potential revenue generatable from te user base we have - comes to around 65k, under ideal situations. Sadly we are far from there and our primary focus is to inch closer to that.

Regards

LibertyNow · « **Reply #171 on:** June 08, 2015, 09:22:41 pm »

This is all good stuff, Freebie. Thanks for the update. Very exciting to see how fast you guys are growing.

Freebieservers · « **Reply #172 on:** June 09, 2015, 03:33:25 pm »

We'll be having a major announcement later today.
Will be in regards to a new project we've been working on for the last few months in secret.

Novus Ordo Seclorum folks

Isildur23 · « **Reply #173 on:** June 09, 2015, 04:04:02 pm »

Quote from: Freebieservers on June 09, 2015, 03:33:25 pm

We'll be having a major announcement later today.
Will be in regards to a new project we've been working on for the last few months in secret.

Novus Ordo Seclorum folks

Just before the Expo. Good timing

Nxtblg · « **Reply #174 on:** June 09, 2015, 07:37:40 pm »

Quote from: Freebieservers on June 08, 2015, 07:36:30 pm

I'll probably require a graph to explain this but lets hope a wall of text does the job.

Thanks a lot! Your wall of text was more than fine.

(I have a feeling that this is one of those cryptos that I'll be grumbling about not buying more of...)

bidji29 · « **Reply #175 on:** June 12, 2015, 01:35:28 pm »

Quote from: Freebieservers on June 09, 2015, 03:33:25 pm

We'll be having a major announcement later today.
Will be in regards to a new project we've been working on for the last few months in secret.

Novus Ordo Seclorum folks

Any news?

LibertyNow · « **Reply #176 on:** June 19, 2015, 07:41:52 pm »

Quote from: Freebieservers on June 09, 2015, 03:33:25 pm

We'll be having a major announcement later today.
Will be in regards to a new project we've been working on for the last few months in secret.

Novus Ordo Seclorum folks

Hey Freebie, did I miss this? Link?

Freebieservers · « **Reply #177 on:** June 19, 2015, 07:56:16 pm »

https://nxtforum.org/general-discussion/freebieservers-diversifying-into-e-sports-betting/

Just posted it. Had to refrain from sharing information publicly while I worked out a few things.
I have been all over the place lately, apologies. Feel free to Pm me / post here with any queries.

Nxtblg · « **Reply #178 on:** June 20, 2015, 02:44:10 pm »

Quote from: Freebieservers on June 19, 2015, 07:56:16 pm

https://nxtforum.org/general-discussion/freebieservers-diversifying-into-e-sports-betting/

Just posted it. Had to refrain from sharing information publicly while I worked out a few things.
I have been all over the place lately, apologies. Feel free to Pm me / post here with any queries.

Thanks. I do have to tell you that I used the dumper-at-2's ask to pick up a couple of thousand more Freebsrvrs.

Freebieservers · « **Reply #179 on:** June 24, 2015, 07:46:12 pm »

Releasing info on the new asset in ten mins from now.
Dividends will be sent within the week. We've had a major issue with our pay processor (paypal limitation) and I've been busy on the diversification front, which is what has caused the delay. There will be some interesting news for FS holders in the fundraiser announcement.

News:

Author Topic: Freebieservers.com - 75,000 Users and growing! (Read 71286 times)