Ask HN: Sell my startup for $14M because I can't raise $2M?

Post by vikp » Sat, Sep 23, 2017, 3:22 AM UTC

PerfectElement wrote: post #246

vikp wrote: post #226

I haven't seen this advice in this thread yet, but there is a path other than selling or raising VC. It's focusing and growing your revenue until you get through this crunch. We've been in a similar situation before, that we managed to grow our way out of. It is possible to get through this, keep growing your business, and do it all on your own terms. To resolve the short-term feeling of being overwhelmed, here are a…

> I don't know what your revenue is, but I'd guess a few hundred k ARR. Is it normal for a SaaS with a few hundred k in ARR to be worth $14 million?

Post by kalehrishi » Sat, Sep 23, 2017, 3:34 AM UTC

tgb wrote: post #15

Off-topic: I thought that tracking email opening was no longer possible in gmail? My memory of it was that you'd insert an image and track whether that was retrieved, but that GMail started caching all images ahead of time for their users so you couldn't tell if/when it was opened. See, eg, [1]. Is that not correct? [1] https://arstechnica.com/information-technology/2013/12/gmail...

Post by pmorici » Sat, Sep 23, 2017, 3:51 AM UTC

nugget wrote: post #139

AdrianB1 wrote: post #133

Earlier quoted context omitted.

A commercial pilot at a regional airline makes less than $50,000 a year, many are closer to $30,000. When you get hired by a big airliner (over 1500 hours of flight time) and eventually you get to captain (not co-pilot) then you increase substantially, but nowhere close to $20,000, unless you fly a drug lord in strange places.

I have friends who are pilots at the majors who clear $300,000+ a year. Pay has risen substantially since the round of bankruptcies cleared legacy debts. FedEx and UPS apparently pay the most - although I'm not sure why.

Post by presidentender » Sat, Sep 23, 2017, 4:13 AM UTC

Post by brbsix » Sat, Sep 23, 2017, 4:25 AM UTC

perl4ever wrote: post #240

mlevental wrote: post #236

Earlier quoted context omitted.

umm that is literally the opposite of broken window fallacy

It certainly seems like an example of the broken window fallacy to me. Invoking the creation of jobs to refute the claim of wasting labor is the same illogical argument. It's just redefining bad as good and pretending it is an argument. Jobs are not a scarce resource. Labor is a scarce resource. Capital is a scarce resource. Instead of making cake for the rich, a baker may instead make bread for the poor.