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IndieHackers.com acquired by Stripe

indiehackers.com

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Re: IndieHackers.com acquired by Stripe

#13

Post by kenferry »

Maybe I'm too cynical. This just seems like corporate largesse on Stripe's part, which is kind of neat, except for what happens to things like IndieHackers when that largesse runs out.

I guess nice to know Stripe's doing so well they can fund random stuff… ?

Re: IndieHackers.com acquired by Stripe

#14

Post by ag_47 »

minimaxir wrote: post #6

While going from a blog-to-acquisition in less than a year is an impressive feat, there have been suspicious circumstances around IndieHackers submissions to Hacker News including clickbait titles that are frequently fixed by HN mods, and in one case, explicit voting manipulation with an attempt to bypass the voting ring detector via linking to /newest: http://i.imgur.com/08pAFOw.jpg This acquisition sends a disappoi…

Interesting.

Don't hate the player, hate game, though. welcome to the jungle.

Re: IndieHackers.com acquired by Stripe

#15

Post by ploggingdev »

First of all, congrats to csallen, I have been following your journey from the day you launched on HN and it was fascinating to follow along. If you haven't read his month in review posts, highly recommended.

I hope it's not taboo to speculate on the acquisition price, so here's my take :

* extrapolating a $5k/month revenue to a year = $60k/year

* acquisition price is roughly 2-4x yearly revenue so $120k to $240k

* Plus a full time salary at roughly $120k/year

Really cool stuff man, congrats again!

One of the things I dislike about advertising on IH was that it was distracting. I see multiple adverts while reading an interview along with links to tweet pull quotes, not a fan of both those aspects. Glad to know that the advertisements will be removed.

Can't wait to see how IndieHackers grows, especially the community.

Re: IndieHackers.com acquired by Stripe

#16

Post by draw_down »

minimaxir wrote: post #6

While going from a blog-to-acquisition in less than a year is an impressive feat, there have been suspicious circumstances around IndieHackers submissions to Hacker News including clickbait titles that are frequently fixed by HN mods, and in one case, explicit voting manipulation with an attempt to bypass the voting ring detector via linking to /newest: http://i.imgur.com/08pAFOw.jpg This acquisition sends a disappoi…

Anyone else suspect "clickbait" is now the #1 most-used word in HN comments?

Re: IndieHackers.com acquired by Stripe

#18

Post by pc »

Patrick from Stripe here. I wanted to quickly chime in to emphasize that our goal in acquiring Indie Hackers is to simply ensure that the site becomes as successful as possible. The Stripe upside we're hoping for is that more companies get started and that they're more successful. We already see a very large fraction of new internet companies choose Stripe; we're mainly hoping that Indie Hackers can help us grow the overall number rather than to grow our fraction. (Our product has to do the latter part.)

Also: congrats to Courtland on building an awesome site! I've been enjoying the interviews on it since it launched. It's very refreshing to hear from so many people who are quietly building real businesses with real revenues.

Re: IndieHackers.com acquired by Stripe

#19

Post by maerF0x0 »

aresant wrote: post #8

I bet the total acquisition price is less than Stripe would wind up paying a content agency for fees, placement, etc. over a couple of fiscal years for similar exposure. And they're getting all the goodwill & talent alongside of it as the cherry on top. Brilliant move @stripe and congrats to the founders.

Wouldnt that imply not so brilliant move for the founders? The way you've worded it, it sounds like the founders could have got a lot more?
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