EmbeddingGemma 2: an open, lightweight multimodal embedding model
deepmind.google·6d ago
AI Engineering
Hacker News·Aug 28·5 min read
My Business Is Dying
TL;DR
Monthly Recurring Revenue (MRR) has dropped 12% since February 2026, indicating a troubling trend of increasing subscription cancellations and declining new subscriptions.
✦ Why It Matters
Evaluate your subscription model and enhance user engagement to prevent revenue decline.
Key Takeaways
- Analyze cancellation reasons to identify user pain points.
- Implement content marketing to attract new subscribers.
- Explore physical advertising channels for better reach.
- Enhance customer support based on user feedback.
Full Summary
Revenue for the software business has dropped 24% and monthly recurring revenue (MRR) has decreased 12% since peaking in February 2026. The decline is linked to a reduction in new subscribers, which has fallen from 191 in January to just 45 by August 2026.
The owner suspects that competition, the rise of AI tools for bank statement conversions, and a lack of public engagement may be contributing factors. To address these issues, the owner plans to analyze cancellation reasons more closely, implement content marketing strategies, and explore physical advertising channels.
Additionally, they aim to enhance customer support and feature development based on user feedback to improve retention and attract new subscribers.