We’re revisiting the idea of Xmarks as a premium service. We’ve set up a Pledgebank page where you can sign up if you’re willing to pay at least $10 a year for Xmarks. No credit card is required, but please only pledge if you are genuinely willing and able to pay.
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Hopefully you can see that, for us and our investors, we were aiming for a different business, and staffing at a different level, than what it is likely appropriate for a freemium model. For a new company taking a fresh start with Xmarks, a freemium model could be really compelling. The overwhelming positive user support from all of you, combined with strong interest by companies looking to take over Xmarks, means that the service might just find a ninth life. Please stay tuned.
Joaquin claims in the post that Xmarks cost over $2 million annually to run, and has already had $9 million invested. Declaring the end of your company, just to share the actual numbers days later sure seems like a strange way to sorta imply your company could be for sale. Weak.