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Perry comp = 30% of recurring revenue?

Posted By: Rod
Date: Saturday, 20 July 2013, at 3:42 a.m.

In Response To: $3,410.00 at a minimum (Rod)

My guess is that there were 600 members in 2012

Figure that there were 70 founding sponsors. That leaves 530 members paying annual dues. (Remember that the founders cubes money was supposed to be a source of startup capital)

Between, limited, student and 3-year memberships, the average dues per member / year are probably $20-$25. Let's say $22.50. (limited and students are $15. premium is $40/yr or $33/yr for 3 years)

So, that's about $11,500 of recurring revenue. $3,400 is about 30% of that. That's 30% of revenue - NOT profit.

Or put another way, $6+ from each and every member.

But we could always just say that it's a small amount in absolute terms, like the $20 / year (50%) rate increase and the $20 / year ($133%) limited membership rate increase.

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