The one I've invested in lost $500k last year - I'm personally ready to cut the losing half of it loose if we can't learn to spend our money more wisely.
Ask HN: How long did you stuck with your startup before it is profitable?
41–46 of 46 posts
Re: Ask HN: How long did you stuck with your startup before it is profitable?
#42Earlier quoted context omitted.
Yep, after everything is said and done...hosting, tools, developers, etc.
Including you though?
Each month I look at the revenue and determine an arbitrary amount to pull out for myself.
Re: Ask HN: How long did you stuck with your startup before it is profitable?
#43Earlier quoted context omitted.
Thanks, we're on GAE, and they claim they'll only route to subdomains. Any ideas?
been using this for one of the sites i run on aws. http://www.wwwizer.com/
Re: Ask HN: How long did you stuck with your startup before it is profitable?
#44Earlier quoted context omitted.
been using this for one of the sites i run on aws. http://www.wwwizer.com/
Google should have a similar service specifically for GAE users. WWWizer seems neat, but it's a risk to use because it can just go away without warning (or worse--you could have your site redirected somewhere else).
Re: Ask HN: How long did you stuck with your startup before it is profitable?
#45Last hit for me: launched solo in 1998, self-sustaining though I didn't make any money personally (kept folding it back in, worked programming contracts to live), got angel funding in 2000 and popped staff to 14, first profitable month in March 2001. Became consistently profitable in October 2001 and never again went into the red. Sold to a venture firm in 2006. Current biz: launched in 2009. Still working on profita…
I am curious. Do venture firms buy whole businesses? I thought they invest in firms, not buy them altogether.
Re: Ask HN: How long did you stuck with your startup before it is profitable?
#46The one I've invested in lost $500k last year - I'm personally ready to cut the losing half of it loose if we can't learn to spend our money more wisely.
Hey.. Sorry about the loss. But, what advise would you give a person trying to get a startup working, in terms of certain hazard zones to watch out for?