Spayee was acquired by Graphy. Today they held a conference call to tell all the AppSumo users that we could either 1)continue using Spayee with no further development or support, or 2) migrate to the Graphy platform and pay a 10% revenue share going forward. People tried to help the CEO understand what a bad decision this is, but he essentially refused to listen to our comments (and had us all on mute so we could not ask questions other than via chat) and told us he is honoring the original terms of the deal and has no responsibility to the users who paid for the LTD.

I explained that there are several more advanced competing platforms available, and they charge at most $5,000 per year. With a revenue run rate of $250,000, a customer would have to share $25,000 of their annual revenue for the use of the platform. The CEO said it would be worth it because of all the revenues generated, failing to realize the platform has little to do with the price point of the courses.

I fell for their deal, and now am looking for a new platform.