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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

#122
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

Texas hills are also an option, if Himalayas are not in your backyard :)

https://news.ycombinator.com/item?id=42806991

This guy has taken the (conceptual) step beyond viscerality-as-a-salve:

https://geohot.github.io//blog/jekyll/update/2025/01/22/deat...

Re: Thank HN: My bootstrapped startup got acquired today

#123

Hey Chopra, Thanks for sharing, this is really inspiring! Just wondering, for other bootstrappers, if you do end up selling for, I don't know, $200 million letsay, how does that money generally get split? What percentage of the company did you own before selling, and what were the tradeoffs when selling ownership?

[dead]

Re: Thank HN: My bootstrapped startup got acquired today

#125
post #7

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

I bought a steel bike, grabbed my hammock, and went on a 4 day 250 mile solo adventure through the Texas hill country. Riding through empty valleys at sunset with a herd of deer pacing alongisde me was enough to break me into tears. It's what I needed to move on.

Steel is real. And comes in colors other than black! :)

Re: Thank HN: My bootstrapped startup got acquired today

#126

Congratulations! Just curious, usually being purchased by a Private Equity firm spells a death knell for the company. Of course at the right price it makes sense that you wanted to sell it away, but what are your thoughts about what will happen to the company now?

It depends on the type of private equity too. There are absolutely firms that want to milk a profitable business by shutting down investment.

There are others that are all about growth.

Re: Thank HN: My bootstrapped startup got acquired today

#128

Hey Chopra, Thanks for sharing, this is really inspiring! Just wondering, for other bootstrappers, if you do end up selling for, I don't know, $200 million letsay, how does that money generally get split? What percentage of the company did you own before selling, and what were the tradeoffs when selling ownership?

[dead]

Re: Thank HN: My bootstrapped startup got acquired today

#130

Earlier quoted context omitted.

Well, you don't need a million dollars to do nothing, man. Take a look at my cousin: he's broke, don't do shit.

There is a luxury class at both ends of the economic spectrum, as Veblen observed.

*leisure, I suppose. I'd love to read more on that. Is that from "The Theory of the Leisure Class"?
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