This Startup Reminds Us Why The Best Don’t Need Pitch Decks

Isn't this a little misleading? If you have a million users and not a single chance of ever monetizing, your userbase isn't as valuable as those with say, 10k users who are already collecting money from them all.

Meanwhile, Edmodo has (according to their website) almost six million users in four years. I haven't used it, but it appears to offer the same texting features as remind101 and lot more - while being inexplicably free. (Can someone explain how they plan to be sustainable?)

http://www.edmodo.com/

Why does the figure have no x (time) axis? Did they triple over a week or 3 years?

According to the website, "They hope to monetize their product by selling their simple communication system to school administrators".

So this chart shows an increasing number of non-monetizable members... and doesn't show growth in their core product / revenue stream: a paid communication system for school administrators.

This situation is very similar to the whole Groupon subscribers issue - which has proven subscribers aren't necessarily monetizable, or a very small / disproportionate members are...

Thoughts on reporting growth of 'users' vs. growth of 'monetizable users'?

Are any users worth anything, even if they aren't related to the core product?