37signals Releases Backpack Financial Numbers(37signals.com)
37signals.com
37signals Releases Backpack Financial Numbers
http://www.37signals.com/svn/posts/863-the-new-backpacks-first-24-hours
4 comments
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.
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.
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
- 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
I think Basecamp makes boat loads more than we realize. That's why they're so secretive about the numbers.
Or quite the opposite.
I think you are off by a factor of 5-7x
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.
Misleading title. They only shared the numbers from yesterday.