Tinybeans annouonces record subscriber growth of just 3500 new users over last 2 months since Beanstalk subscription launched. This compares to total subscriber growth of 3410 last FY, and 15% user growth (to now 27.9k paying users) is certaiinly welcome but a long, long way from the 5-10% engagement with subscription that I was looking for. This should be now over US$1m in subscription revs. I've been surprised at the amount of content I am still able to access without stumping up the subscription fee over the last 2 weeks, given tthe company seemed to imply that a lot of functionality would be switched off at October 4. I'm not that confident what I am looking at is drastically different to the previous model att all in that regard, though engagement with the new community platform will hopefully be a key driver of paid subs over next few months. Keeping close watch on this one.

Announcement: here

Thought I'd add my 2 cents as a recent dad with a 13 month old. I feel really uncomfortable posting pictures of my daugther on FB and Instagram. I held off for the first 9 months of her life. I'd have no problem sharing photos on a platform like Tinybeans knowing only my close family could see pictures of her. If my parents were more tech savvy and used it I'd have no problem paying a small fee each month; and my parents would probably insist they foot the bill. Even more so with international travel locked down and my parents being back in Canada and not being able to see their granddaugther aside from a 30 minute Skype once per week.

I echo Kaboom's thoughts.

I don't really see how Tinybeans differentiates itself from a lot of other social media.  To the extent it has some privacy considerations and the like, many other companies could easily implement similar types of products/services for customers.

I don't hold this company and it's basically off my watchlist now.

This is an interesting move from Tinybeans and it will be very interesting to see what the churn is and thereby how sticky their platform is.

The biggest issue I see though is that they have raised a large barrier to entry by completley removing the free version and I don't really understand that.

While existing users will have stored photos, etc making them invested in the platforom, how is a new user going to get to that point without a free version or during a short trial period?

The aim of social networks is to grow and attract more users and thereby increase their advertising revenue so this move to a purely premium model, rather than a free or even "fremium" model to me seems quite risky for the long term growth of the userbase.