Hard to make sense of an acquisition at a cost this low. It’s like a month or two salary of a senior software engineer.
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My Bootstrapped Micro-Startup Got Acquired
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Re: My Bootstrapped Micro-Startup Got Acquired
#22Sounds like the buyer got a terrific deal. There seemed to be rapid growth and interest. Getting any revenue is hard - growing from 700/month to 7000/month can be mostly momentum. Just sitting on it would make more. Maybe there is more to the story but if not, please hold out with your next project. You'll get low ballers. I had someone offer me 30k for an app I spent a month building. I would have taken it but he wa…
At the same time a bird in the hand is worth more than 2 in the bush.
SaaS maps better to Golden Goose analogies.
Re: My Bootstrapped Micro-Startup Got Acquired
#23Re: My Bootstrapped Micro-Startup Got Acquired
#24Congrats to you, this is more than most have accomplished.
Re: My Bootstrapped Micro-Startup Got Acquired
#25Earlier quoted context omitted.
Yea, you'll really only find salaries like that in America.
Or Europe or Australia. So, y’know, all of the developed world. (With apologies to whomever I have inevitably missed.)
Yes and no, in Europe outside London and Berlin (big capitals) you’ll find that developer salaries are much lower than expected compared to the US.
That’s pretty much across the board.
Re: My Bootstrapped Micro-Startup Got Acquired
#26If I'm not mistaken, 22k is roughly the amount you would get for placing a single software engineer in a recruitment pipeline. Job-seeking traffic is quite valuable.
Re: My Bootstrapped Micro-Startup Got Acquired
#27Re: My Bootstrapped Micro-Startup Got Acquired
#28Sounds like the buyer got a terrific deal. There seemed to be rapid growth and interest. Getting any revenue is hard - growing from 700/month to 7000/month can be mostly momentum. Just sitting on it would make more. Maybe there is more to the story but if not, please hold out with your next project. You'll get low ballers. I had someone offer me 30k for an app I spent a month building. I would have taken it but he wa…
Are you willing to share the app name?
Re: My Bootstrapped Micro-Startup Got Acquired
#29Earlier quoted context omitted.
Salaries aren't in that range generally in South East Asia, where I gather the author is from.
He was bootstrapped and sold it for more than he would have made working full-time for another company or contracting for those 9 months, so kudos for coming out ahead! He basically ripped off a github repo curated list of APIs and made it "searchable" + listed to PH then sold the site based on the traffic from that one spike. Not belittling it at all - he had the initiative to build it, monetize it, and sell it.
Didn't he sell the tweetjobs.dev and not the API app?
Re: My Bootstrapped Micro-Startup Got Acquired
#30Earlier quoted context omitted.
He was bootstrapped and sold it for more than he would have made working full-time for another company or contracting for those 9 months, so kudos for coming out ahead! He basically ripped off a github repo curated list of APIs and made it "searchable" + listed to PH then sold the site based on the traffic from that one spike. Not belittling it at all - he had the initiative to build it, monetize it, and sell it.
Didn't he sell the tweetjobs.dev and not the API app?
That's what I am curious about to. From reading the blog, I csn't tell which one did he sell. He says it's the same buyer but was it for the new site?