The Ledger
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Mirčić: Open-Source Software Revenue Models Are Inherently Poor
“There is no revenue in open source model, you know, or the revenue models with open source are really, really poor compared to some other, you know, business models.”
Mirčić: Crypto exchanges are offering capital for ICOs
“Now, even these days, you know, exchanges are offering capital for ICOs.”
SVB Required Six Months of Compliance for a 2018 ICO
“If you want to go with a bank, like for example, Silicon Valley bank, you know, you need to go through six months of compliance in order to do an ICO.”
Sitecake Drives Most of Its Revenue From White-Label Agency Licensing
“White label, because, you know now websites are sold to the community, to the vertical, to people that, you know, for example, you know, if you are you know vertical, like lawyers of medical doctors, then you have already people that, that you're providing som…”
Sitecake Charges $1 to $10 Per Site for White-Label Licensing
“Something between, you know dollar and 10 dollars depending. I cannot disclose, you know.”
Mirčić: 90% of CMS Users Only Need Basic Text and Image Features
“Because in 90% of cases, people use only the basics, you know, image, video, and text, you know.
So they don't need old bells and whistles of WordPress or, you know,
The more advanced CMSs.”
Bootstrapped CMS Sitecake Targeted a $2M ICO in 2018
“You know, for what we have in mind, you know a couple of million will be enough.”
Sitecake Plans to Transition Its Static CMS to the Blockchain
“Sidekick is, is you know, the regular CMS, but we have plans to, you know transfer it and use the possibilities of blockchain.”
Sitecake has raised no outside capital and remains bootstrapped
“So, so far, you know, we are bootstrapped.”