jlemoine

Joined 14 years ago

Karma
1,042
Submissions
191
Member since
Dec 13
I am an entrepreneur passionate about software development, product development and algorithmic. I am the CTO and co-founder of Algolia (YC W14)
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Recent submissions

Comment · 6 years ago
1. Yes you miss the yearly discount. 1000 units = 12000 units per year = 7295/year

2. 10M/month with yearly commitment = $46895/year 100M/month with yearly commitment = $165895/year

Comment · 6 years ago
I understand your perception, pricing and perception is hard. I want to reassure you that this is really way cheaper for people to start using the product and as a company it was a huge project to lunch this pricing, especially when you lower the price for such a large portion of users.

The previous pricing was based on indexing operations + search operations. The new pricing is only based on search request and in a lot of situation N search operations = 1 search request (disjunctive faceting, federated search, etc.). At the end, for the big majority of free users (> 99%) they have as many or more search request in the 10 free units than in the old plan.

Comment · 6 years ago
It is also less expensive and more accessible for mid/large volumes. We have built-in volume discount in the pricing that reduce significantly the price at scale
Comment · 6 years ago
(I am the CTO and co-founder). It seems like most people missed that we introduced volume discount in the model.

On this example: - 1M queries per month $847 in full pay-as-you-go - 1M queries per month with yearly commitment cost $7200 per year ($600 per month)

Comment · 6 years ago
(I am the CTO and co-founder) This is not exactly true, the previous free plan was 10k records and 100k API calls (counting all indexing operations and all search API call).

We now only count search request and we did a simulation on our existing free plan base, offering 10 units cover all of them.

Btw, we keep offering more quota for opensource projects.

Comment · 6 years ago
(I am the CTO and Co-founder). I can reassure you this is not the case, I don't have visibility on when we will do an IPO and we grandfather all existing customers. We always did that and we still have customers today on 2013 pricing! It bring a lot of complexity internally.

We released this new pricing only because we are convinced this is better for customers.

Comment · 6 years ago
Yes indeed, it is recent (since 2020)

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