Wix.com is a proprietary service which has – equity of $4.5 billion and an annual revenue is $558.1 million.
Wordpress is an open source system which is not listed and has an annual revenue of only $7.6 million.
Though WordPress now powers 30 percent of the web they don’t have a concrete business model.
At the same time: Wix’s prices start at $5.00 monthly for the Connect Domain plan. Wix goes up to $35.00 a month if you opt for the Business VIP upgrade. When creating an online store, Wix’s fees are at least $20.00 per month. An ad-free site costs $120.00 a year.
Case Study says – its easy now to have closed source business models.
Do a SaaS, don’t do a FOSS.
The pioneers of SaaS are worth: $10.2B annual income. (read Salesforce.com)