Meetup Stats

Calacanis interviewed Meetup's Heiferman. Some stuff from the interview:

• meetup is 4 years old
• 30 employees
• 3x revenue from last year
• 10-15% growth/month
• almost breakeven
• RSVPs quadrupled after starting to charge for meetup service
• Meetup service eliminated "crappy meetups" since people that weren't committed to making one work, wouldn't pay $19/month to use the service.
• 1/4 to 1/3rd of meetup's cost $ to attend. Organizers can charge members $x/year.
• Calacanis asked if Meetup made cash from the transactions. Scott's answer was, "As they add value, they will get paid."