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Thank HN: My bootstrapped startup got acquired today

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Re: Thank HN: My bootstrapped startup got acquired today

#92
post #84

Here is what the site looked like initially - so don't be scared that everything has to look perfect and shiny. Plans start at $49/month https://web.archive.org/web/20140701054439/https://vwo.com/ and now $393 per month, billed annually https://vwo.com/pricing/ They sure did listen to @patio11

3 letter .com. pretty impressive to get one of those

Re: Thank HN: My bootstrapped startup got acquired today

#94
post #29

Wow, what an inspiring story? Care to share any stats, such as team size, when you hit your first ARR milestones, or anything else?

  Today, we're a team of 250+ people and seen that initial "Show HN" grow into a $20mn+ bootstrapped business (no VC funding). If anyone's interested in reading more, I've blogged this journey (from launch to now) on our website [0]
from: https://news.ycombinator.com/item?id=23466470 (2020)

[0] clicky: https://vwo.com/blog/vwo-evolution-10-years/

Re: Thank HN: My bootstrapped startup got acquired today

#96
post #27

Earlier quoted context omitted.

I met someone who was an early employee at King about a year after they were acquired for 5.9b - it’s a little different since he wasn’t involved with the sale, but he was still processing the insane amount of money he had. A year on he hadn’t moved out of his small apartment, still contracted, still used the same cheap phone, and hadn’t started investing beyond just the normal mutual funds/bonds/etc. it struck me as…

> I find it’s really interesting how people act when the financial pressure gets suddenly removed. It seems so strange to me to hear stories about people suddenly coming into a bunch of money and not finding contentment or even ending up depressed. If I could afford to retire today, I would do it in a heartbeat and I'm pretty sure I wouldn't run out of things I want to do. When the lotto gets to be above $1 billion,…

It's almost analogous to having a video game totally completed for you in a way. Everything is "done" for you essentially since you just buy your way out of problems at that point.

Before coming into that amount of money, you can be distracted by the survival aspects of living in society where you're just trying to make money and live comfortably. There isn't any necessity to have to figure out what you truly want out of life or what your passions are.

Once you do have money, now you have to face that. You have to truly find who you are. Otherwise, you're depressed or you go and blow all the money on things to distract you from finding who you are.

Re: Thank HN: My bootstrapped startup got acquired today

#97

Earlier quoted context omitted.

> When the lotto gets to be above $1 billion, I'll usually buy a ticket because it's fun to imagine the life I could have with that money. I buy lotto tickets for the same reason! Their expected value is very low but the maximum value is thought-provoking. For me, $50k would be life-changing. One billion is hard to imagine.

What would you do with $50k that would make such a difference in your life?

Sadly for me it'd pay half my debt off

edit: with that in mind, leanfire is on my mind since I'm single/don't actually need much to live

Re: Thank HN: My bootstrapped startup got acquired today

#98
post #71
post #61

Earlier quoted context omitted.

Maybe they would find those activities fulfilling? It’s their life, and wealth, after all.

For what it's worth gp is a reference to this post[1], in which the author does not. [1]: https://news.ycombinator.com/item?id=42579873

I see, thanks. I wasn't aware of the reference :)

Re: Thank HN: My bootstrapped startup got acquired today

#100
post #27
post #7

Congratulations. I'm curious... what do people do after something like this? Vacation?

I met someone who was an early employee at King about a year after they were acquired for 5.9b - it’s a little different since he wasn’t involved with the sale, but he was still processing the insane amount of money he had. A year on he hadn’t moved out of his small apartment, still contracted, still used the same cheap phone, and hadn’t started investing beyond just the normal mutual funds/bonds/etc. it struck me as…

> I met someone who was an early employee at King about a year after they were acquired for 5.9b - it’s a little different since he wasn’t involved with the sale, but he was still processing the insane amount of money he had

Is there a word missing in this? How did they join after acquisition and have a meaningful financial windfall? And being an early employee?

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