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Show HN: Open startups with their revenue, metrics, and stories

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71–80 of 89 posts

Re: Show HN: Open startups with their revenue, metrics, and stories

#71

Funny thing is I have known about some of these companies since about a few years. I distinctly remember seeing Ghost's revenue (around $40K) and thinking, "umm.. that doesn't seem much to go around five people."; watching Hubstaff numbers (which was ~$80K/month, I believe), and saying to myself, "that's a very niche software. Would it ever go to make revenue that justifies expenses of a team?" (I think the CEO menti…

> If you're starting a company, you're fighting a long, hard battle against pessimists like me.

If you're a bootstrapped founder, but also a human, one of those pessimists will have your own voice, with a permanent address in your head.

Re: Show HN: Open startups with their revenue, metrics, and stories

#73

Earlier quoted context omitted.

Been following Gumroad for a while! Would love to add it but I don't recall seeing anything like interviews or "making of" posts anywhere – I tried to add a little more than revenue numbers here.

Fair enough. I'm happy to, but I haven't been asked! I'm on a bunch of podcasts but they're less structured and often not transcribed. The monthly numbers tweet often turns into a psuedo-AMA of sorts. It's a distributed interview :) But if anyone, from Indie Hackers or otherwise, is reading...

You can apply for an interview on Indie Hackers: https://www.indiehackers.com/contribute#submit.

Re: Show HN: Open startups with their revenue, metrics, and stories

#74

The amount written at the bottom of every startup is how much they earn/ month?

Yup, monthly revenue. Of course these aren't in real time but are the most recent data I could find online.

Candy Japan at the bottom shows $1.1k/mo, but the first link shows $8,200 revenue/month.

Re: Show HN: Open startups with their revenue, metrics, and stories

#75
post #29

Earlier quoted context omitted.

In SaaS, the road can be especially long... Bootstrapped SaaS north of $1M a month is damn impressive.

I'm curious how it breaks out to lower tiers. How impressive is $20,000/month, $100,000/month etc. and what percentage of SaaS get there, how long it takes, etc. Is there anywhere that has a nice table of that data for tech SaaS? That's the kind of info that would be quite fun and informative to look at.

Does it really matter? There are a thousand reasons why businesses fail. Also, $20,000/month can be quite impressive, if you earn this for yourself and live somewhere with low costs of living.

Seeing those numbers is just entertainment. If you hit your number, you figure that it doesn’t matter if it’s impressive for others.

Re: Show HN: Open startups with their revenue, metrics, and stories

#76
post #74

Earlier quoted context omitted.

Yup, monthly revenue. Of course these aren't in real time but are the most recent data I could find online.

Candy Japan at the bottom shows $1.1k/mo, but the first link shows $8,200 revenue/month.

Apparently the $1.1k figure is the latest? Unless that figure is profit, not just revenue.

Re: Show HN: Open startups with their revenue, metrics, and stories

#77
post #29

Earlier quoted context omitted.

In SaaS, the road can be especially long... Bootstrapped SaaS north of $1M a month is damn impressive.

I'm curious how it breaks out to lower tiers. How impressive is $20,000/month, $100,000/month etc. and what percentage of SaaS get there, how long it takes, etc. Is there anywhere that has a nice table of that data for tech SaaS? That's the kind of info that would be quite fun and informative to look at.

My side project just broke $1k/month and I already count that as a success.

My success metric is "freedom". If this side project could net me $3k/month, it would net me a lot of "freedom points"

I reckon everyone has a different metric for success

Re: Show HN: Open startups with their revenue, metrics, and stories

#78
post #45

Earlier quoted context omitted.

Don't want to personalize this but, since we're mutually reflecting on the sociology of talking about running a company and dealing with external perceptions: the specific names of the pessimists may change but there is absolutely no level of success at which folks will stop saying "Pfft, that's not a real business." I think the takeaway for founders is being prepared for this and learning to not weight external pess…

As a pessimist for the first 30 years of my life, I've finally realized just how little utility there is in being negative. On the flip side, being positive: 1. Helps you get more done 2. Helps other people get more done 3. Makes you more friends

So I'm going to chime in as a perpetual pessimist.

I've found tremendous utility in expecting negative outcomes. I'm wording this very pedantically, because my father and I used to argue past each other for hours re: "being negative vs saying something is negative."

Perhaps it's just that I've been in Ops/distributed system maintenance and development, but I've found expecting a worst case/pessimistic outcome pretty much always leaves me far more prepared, and more often than not, ends up being more predictive than my optimistic peers.

This has held true across time estimation, black box complexity, political outcomes, social overhead, model performance, outage frequency, pretty much every situation I can think of where I had to do long term planning in recent memory I feel well served by attacking from a "how is this going to go wrong/what are our blind spots/what do we do when this fails" angle.

The primary reason I make the (socially risky) statement of this is that I very often get (no hyperbole) guilted for being a pessimist, even when taking nontrivial effort for the negativity to be actionable and focused. It took me a good few decades to learn how to wrap my words and beat around the bush, (I was told by managers early on in my career things verbatim such as "you need to toe the party line more.") but even now that I experience almost none of the social friction that I used to, I find myself frustrated by the inefficiencies and gaps in this manner of communication, and find these gaps almost immediately ameliorated when I'm on teams which have a much more pragmatic approach towards being pessimistic.

Simply put, I had a very different experience than you, I've found an fixation on "being positive" to _massively_ impede Just Getting Things Done, and I've actually had much more luck bonding with coworkers over shared frustrations/issues and building lasting friendships like that than in teams where we're all wearing "let's be happy" masks. (This is a strawman, I don't expect you were arguing to this extreme, but I often find it manifests in this way in larger companies and as such want to try and argue the benefits of other angles of approach)

Re: Show HN: Open startups with their revenue, metrics, and stories

#79

Add Gumroad? It started out as a Show HN weekend project and I release the numbers every month: https://mobile.twitter.com/shl/status/1083805607201669120 Gumroad in December: Volume processed: $5.4M (down 4%) Revenue: $341K (down 3%) Gross profit: $135K (up 9%)

As far as I understand creativetim.com uses gumroad for payment processing. Creative team has self-reported their revenue to about 1M per year. So kind of 20% from a single customer

Re: Show HN: Open startups with their revenue, metrics, and stories

#80

Earlier quoted context omitted.

As a pessimist for the first 30 years of my life, I've finally realized just how little utility there is in being negative. On the flip side, being positive: 1. Helps you get more done 2. Helps other people get more done 3. Makes you more friends

So I'm going to chime in as a perpetual pessimist. I've found tremendous utility in expecting negative outcomes. I'm wording this very pedantically, because my father and I used to argue past each other for hours re: "being negative vs saying something is negative." Perhaps it's just that I've been in Ops/distributed system maintenance and development, but I've found expecting a worst case/pessimistic outcome pretty…

Thanks for talking about your experience in detail. There are many sides to this question and it's helpful to have a variety of well-articulated perspectives.
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