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$5K a week? That's about a quarter of a million a year ... is that a typical US salary?
It’s typical tech salary for people with ~5+ years of experience doing something interesting.
Earlier quoted context omitted.
$5K a week? That's about a quarter of a million a year ... is that a typical US salary?
No, not even for software developers. Median household income in 2020 in the US was about $62k. Average was almost $88k.
Is anyone at HN interested in selling a project for under 5k? I’m interested in the concept, node.js applications preferred. Minimal amount of profit is also somewhat preferred. My email is my username + varela @ the google mail.
I don't think I'd let a profit making project go for under $5k, but have fun shopping and I hope you find what you're looking for!
Is anyone at HN interested in selling a project for under 5k? I’m interested in the concept, node.js applications preferred. Minimal amount of profit is also somewhat preferred. My email is my username + varela @ the google mail.
5k sounds like an incredibly small amount of money. The equivalent of a week's salary in the US. What could you build in a week that would be in a position to be sold that you couldn't develop slightly longer for significantly more than 5k profit? Edit: whether it's literally a week or a few weeks my question still remains. What could you build that would be ready to be sold in such a short amount of time that you co…
Not really. It's several months' salary in Eastern Europe and closer to a year's in most of SEA.
You're also assuming that people are building businesses from scratch with the intention of selling them for less than 5k. They probably aren't.
Earlier quoted context omitted.
No, not even for software developers. Median household income in 2020 in the US was about $62k. Average was almost $88k.
It might be the average though for people who create projects people are willing to pay $5000 or more for.
I'm curious if there's a market for people who want to buy small projects like this. I imagine there's a lot of projects that are already on GitHub with a small following with owners that would like to cash out, but I'm not sure there's a market of buyers looking to pick up repos?
Malware/adware authors would love to buy those.
5k sounds like an incredibly small amount of money. The equivalent of a week's salary in the US. What could you build in a week that would be in a position to be sold that you couldn't develop slightly longer for significantly more than 5k profit? Edit: whether it's literally a week or a few weeks my question still remains. What could you build that would be ready to be sold in such a short amount of time that you co…
5k is a weeks salary? Thats 260k a year. That is executive salary and not common at all.
You’ll have to work for certain companies in certain industries but if you value comp and you’re good at your job, this is very doable.
I'm curious if there's a market for people who want to buy small projects like this. I imagine there's a lot of projects that are already on GitHub with a small following with owners that would like to cash out, but I'm not sure there's a market of buyers looking to pick up repos?
There is a bunch of small tools that exist online (base64 encoders, hash functions, SPF rule generators, etc). Most of these wouldn't make much money, maybe enough to cover hosting. I could imagine someone basically picking these up and collectively monetizing with ads, or other methods. Likely not suitable for a massive business, but likely able to sustain a sole operator or even a small team if operated frugally.
Do you have any personal experience or any other sources that estimate this kind of thing? I'm legitimately curious, I've often wondered what kind of revenue these types of things pull in. Obviously if they're not running ads and don't have any explicit monetization then it would be very little. But I always wonder about the ones that do.