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My Bootstrapped Micro-Startup Got Acquired

mohddanish.me

51–60 of 95 posts

Re: My Bootstrapped Micro-Startup Got Acquired

#52

First of all, congratulations on the sale. Second, funny that his first job after graduation was CTO. Can't see that happening anywhere in EU or US heh

My first job out of college (after a failed start up) in 1995 was as Vice President of Computer Operations for Experienced Attorney's Referral Service dba LawInfo.

Just checked out their site, and it looks like they sold to Thomson Reuters.

edit: Actually, I just remembered I worked for Bill Blue at https://datelsys.com for 6 weeks at the end of '94 doing phone support for new internet users. I think subscribers doubled in the 6 weeks I was there. Only lasted about 6 months at LawInfo. Been working in the library since 96.

Re: My Bootstrapped Micro-Startup Got Acquired

#53
post #40

Earlier quoted context omitted.

Except in this analogy the two birds in the bush give you a continuous stream of their eggs.

unless they're both male birds. Perhaps also bad-tempered, shrieking a lot and prone to peck you on the head or take a dump on your shoes. It's amazing how analogies never fail to clarify and raise discussions to new heights!

Yes, but those two asshole male birds might be celebrities, attracting tonnes of thirsty female, egg-laying birds to your bush. Didn't think of that, did you?

Re: My Bootstrapped Micro-Startup Got Acquired

#54

First of all, congratulations on the sale. Second, funny that his first job after graduation was CTO. Can't see that happening anywhere in EU or US heh

if you read the description of what he was doing it sounds like it was just a fancy title for "the only technical person handling all the computer-stuff in the company".

Re: My Bootstrapped Micro-Startup Got Acquired

#56

If 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.

Unless I'm mistaken I think he sold public-apis.xyz, the product the main story is about, and not the TweetJobs.dev one (or maybe I'm mistaken, or maybe he sold both?)

Re: My Bootstrapped Micro-Startup Got Acquired

#58

Earlier quoted context omitted.

In the USA it would only last a few months. You must be located in an emerging market.

He said it himself, he is from India and he lives there, so the cost of life must be way lower

yup. $22K in INR is a lot. with that money (50k/month as expenses), you could live a decent life for about 30 months.

For a Danish, a person who has multiple products out right now, that Plenty of enough time to work on another idea.

Re: My Bootstrapped Micro-Startup Got Acquired

#59
post #57
post #55

It's heartbreaking to see people who scrape websites and make 60k in a weekend project while opensource maintainers for projects used by thousands of companies are begging for 10 dollars a month

Sorry, what do you mean?!

I mean, unlike theoretically preached by old billionaires and millionaires trying to trick the public and rewrite their own history, making money is usually at odds with creating real value. It's usually about marketing, PR and gaming the system.

Re: My Bootstrapped Micro-Startup Got Acquired

#60
post #59
post #57

Earlier quoted context omitted.

Sorry, what do you mean?!

I mean, unlike theoretically preached by old billionaires and millionaires trying to trick the public and rewrite their own history, making money is usually at odds with creating real value. It's usually about marketing, PR and gaming the system.

I'm generally sympathetic to your stated frustration, but it's a little more complicated than that.
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