“RevenueCat went from 25 to 200 developers per day in 12 months because they were the best subscription billing platform when the number of apps being built went exponential. That’s not luck. It’s preparation meeting opportunity.”
Holy Cow @RevenueCat! 40% growth in new developers shipping production apps in just one month!!
And double digit and record revenue growth, too!!
💥Vibe Coding has come to mobile in force. And that may be an understatement.
What are your AI tailwinds? Find them. And find them soon.
#proudtobefirstinvestor@saastrfund
three takeaways from @Apple’s Q1:
1- hardware rev down, services up 14%
2- Services 40% of GM vs 35% last year
3- more than 1B paid subs, up 2x in 4 yrs
apple.com/newsroom/2024/05/a…
🔥 We just launched a new State of Subscription Apps report, featuring:
✅ 140 charts,
✅ 120 pages of unique insights,
✅ Contributions from numerous industry experts, including @arielmichaeli, Reid DeRamus, @HannahParvaz, Daniel Layfield, @Jasonvdmerwe, @jakemor, @sylvainww, Rosie Hoggmascall, @andy_carvell, Seth Miller, @CrowXU, @Thomasbcn, @philgcarter, @stevepyoung, Jacob Rushfinn, and @jennykaypollock
Access the main report, ungated, at rev.cat/report, or download the full document for additional content including full category breakdowns for:
🏋 Health & Fitness
📸 Photo & Video
📺 Media & Entertainment
🛠 Utilities
💘 Social & Lifestyle
🎓 Education
Find links to the report, a special report Sub Club episode featuring Jacob Eiting and David Barnard, AND a deep dive webinar in the thread 👇 🧵
2024... Is this the year that apps failing to adapt to AI become obsolete? When we shift our focus from acquisition to retention? Or see the app store rules rewritten? 🤔
We asked 14 industry experts for their predictions. A thread 🧵👇
Recently, @drbarnard & @jeiting dove into this topic with @CrowXU on the @SubClubHQ podcast, discussing @GPBullhound's Consumer Subscription Software 2023 report.
Going into 2024, we've identified five key trends that every subscription app business needs to watch.
If you’re in the Bay Area and just starting a company and want to hang with some like minded people
Cohosting a dinner with First Round @BigMekaStyle for early founders to share and learn together: airtable.com/appLhGwDnOit05o…
Generative AI has spawned thousands of new products.
But outside of ChatGPT, what are everyday consumers using? What's growing, and what has flattened?
We crunched the numbers to find the top 50 consumer web products by monthly visits - here's our learnings ⬇️
Comparing @Apple's Q2 results vs the same period 5 years ago is a good proxy for the rise of mobile subs:
Services revenue (= @AppStore & own subs) grew 120% while Products grew 'only 30%'
Service Gross Margin 3x from $11B (20% of total) to $30B (32%) while overall GM grew 61%
700,000 applications for H1-B visas were filed this year—but the cap is 65,000. This means that we are losing out on 635,000 educated, high skilled workers ready to work hard, pay lots of taxes, and build our economy. What an absolute joke