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FixYa.com "almost cash-flow positive"
CEO Bensadon says revenue growing about 25% per month When Yaniv Bensadon founded FixYa in 2005, the crowdsourcing support site was dedicated to helping users fix problems with their electronic gadgets. Since then, it's expanded to include everything from cars to appliances. Traffic to the site, which gets 10 million unique monthly visitors, is growing 12% per month, while revenue is growing at twice that rate, Bensadon says. FixYa.com generates revenue from advertising and from premium services that charge users between $10 and $20 to get their problem fixed faster by pre-screened experts. Whereas most of the problems submitted to the basic service are anwered within 12 hours, premium users get answers within an hour, according to Bensadon. He's now launching FixYa SMB for merchants and small businesses, which ... [ Read more ]
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Date Found: October 14, 2008
Date Produced: October 14, 2008
View Count: 34
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