Your website is very nice. Where did you hire designers?
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#62Congrats! On a related note, can someone on HN can educate me on why MRR is the primary metric? MRR doesn't tell you if the startup is profitable, which is presumably the goal - to make money. If your costs are $3M/month, an MRR of $100K sounds like a terrible deal. Wouldn't it make more sense to report profits?
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#63I'd literally rather just get two jobs at mid series B startups or one Faang job. I completely don't understand why grinding out 5yrs for $18k a month is even close to worth it.
For one thing, you get to control your own time, but just as importantly, that $18k/month is an asset you can sell for ~$1mm.
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#64What did the website do that you built with the Twitter API in 11 hours?
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#65Thank you for sharing here on HN. Would you mind mentioning the tech stack? Looks like the site is built on WordPress / Elementor.
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#66congrats, but title is misleading, you was not founder first two years, so it should be from 2000/month to 18K in 4 years, since you also counted years wrong, 2017-2022 is 7 years if you include first and last year and more importantly I'd be curious about net profit after expenses, those numbers are meaningless if your expenses grow exponentially
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#68Congrats! On a related note, can someone on HN can educate me on why MRR is the primary metric? MRR doesn't tell you if the startup is profitable, which is presumably the goal - to make money. If your costs are $3M/month, an MRR of $100K sounds like a terrible deal. Wouldn't it make more sense to report profits?
Generally agree with the sentiment, but here is likely why we continue to talk about MRR.
1. It's likely inherited from how investors look at startups. They are just focused on growth more than profitability.
2. In the US there are tax advantages to running costs through the business so these costs might be inflated and profit artificially reduced.
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#69Thank you for sharing here on HN. Would you mind mentioning the tech stack? Looks like the site is built on WordPress / Elementor.
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