Originally Posted by
Sy Reene
I'm trying to understand the math on this. Maybe the vast majority of Strava users are/were free subscribers. They have about 50 million subscribers (of some sort). If 30 million pay, that's $1.8 Billion in revenue, which would cover paying each of their 220 employees $8 million salaries. Ok.. I'm sure they have to buy some computers and rent some office space.. but still.
The percentage of paying users may be more like 5%, rather than the 60% in your estimate.