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Mixpanel Raises $10.25M

111 pointsby mynameisrajabout 13 years ago

6 comments

Mizzaabout 13 years ago
Been thinking about switching to Mixpanel, but can't see any massive improvements over the new Google Analytics, and it looks a lot more tedious to set up.<p>Any opinions here?
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kriroabout 13 years ago
<i>Doshi said he wanted to let it be known that he’ll use the funding to pay his first 100 employees “way above market”</i><p>Nice :)<p>Seems like a good company with a valuable product.
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nivertechabout 13 years ago
<p><pre><code> octave:1&#62; price_per_datapoint = 150 / 500000 price_per_datapoint = 3.0000e-04 octave:2&#62; datapoints_per_months = 7e9 datapoints_per_months = 7.0000e+09 octave:3&#62; revenue_per_month = datapoints_per_months * price_per_datapoint revenue_per_month = 2100000 </code></pre> I guess they have discounted volume plans, otherwise it's looking too good to be true ;)<p>UPDATE: using their 20M datapoints for $1600 plan, 7B datapoints per month would bring "only" $560K revenue per month.
jphabout 13 years ago
Congrats! I love Mixpanel for the results, and also the team is great. I switched from Kissmetrics to Mixpanel and found the Mixpanel team to be solid, smart, and very responsive.
Skywingabout 13 years ago
I've known Suhail, online, for quite awhile. Good to see this news. Congrats. I remember when he wanted to learn Django, now look where he's at. :P
nirvanaabout 13 years ago
I really shouldn't be building this myself. But looking at these prices for mixpanel and kissmetrics, they seem out of whack-- great for profitable businesses and enterprise, but way out of line for startups. Plus what if you need between 25,000 and 500,000 data points per month with mixpanel? That's a huge gulf and you go from free to $150 a month?<p>Some startups start with large customer bases but operate at a relatively low margin per customer (because its extremely cheap to serve each customer.) For instance, for $250 a month in hosting[1], I can service tens of millions of customers, but buying either of these services for that many customers would cost a lot more than the hosting.<p>Looking at real world metrics for one of my apps I'm currently collecting enough data points (for free using Flurry) that to use mix panel would cost a sizable (%15-%20) of the apps monthly revenue.<p>I'm not saying they're not worth it-- I'm sure they are. I just don't see a way for a startup to onramp here. Our primary burn is keeping us housed and fed, operations are being kept as cheap as possible until we have real revenue. $150 is a lot. (though kiss metrics has a $30 and $80 plans which alone means we're more likely to use them.)<p>[1] in part because hetzner's XE 4S servers are such a screaming deal- that's about 5 32GB servers.
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