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IndieHackers.com acquired by Stripe

indiehackers.com

111–120 of 251 posts

Re: IndieHackers.com acquired by Stripe

#111
Courtland, this is absolutely fantastic. Congrats man!

I'm wondering how this works out for you as an entrepreneur. Obviously now you're working for a larger corporation, but does your long-term vision align? For example, is your deal structured in a way that growing indie hackers also personally grows your income? Or is it now just a strict employee-employer relationship with a bonus (acquisition offer) upfront?

Re: IndieHackers.com acquired by Stripe

#112
post #41
post #18

Patrick from Stripe here. I wanted to quickly chime in to emphasize that our goal in acquiring Indie Hackers is to simply ensure that the site becomes as successful as possible. The Stripe upside we're hoping for is that more companies get started and that they're more successful . We already see a very large fraction of new internet companies choose Stripe; we're mainly hoping that Indie Hackers can help us grow the…

You can help us help you by a) becoming available in more countries b) Atlas LLC

With that LLC thought, does that still mean US based?

Atlas sounded interesting to me (doing product dev atm), however it's based on incorporating in the US.

The US seems like it's gone in a seriously bad direction for non-US citizens (I'm Australian, living in the UK), with no positive end to that in sight. So incorporation in the US isn't really a goer (personally speaking).

Re: IndieHackers.com acquired by Stripe

#113

While going from a blog-to-acquisition in less than a year is an impressive feat, there have been suspicious circumstances around IndieHackers submissions to Hacker News including clickbait titles that are frequently fixed by HN mods, and in one case, explicit voting manipulation with an attempt to bypass the voting ring detector via linking to /newest: http://i.imgur.com/08pAFOw.jpg This acquisition sends a disappoi…

I am glad to see that I wasn't the only one who felt that IH were gaming the system and was treating their stories as spam. It does make me suspicious as to if HN admins treat YC alumni more equal than others.

We try hard not to do that. But it's tricky because many YC alumni do interesting work and/or are valued HN contributors and we certainly don't want to penalize them either.

Re: IndieHackers.com acquired by Stripe

#114

While going from a blog-to-acquisition in less than a year is an impressive feat, there have been suspicious circumstances around IndieHackers submissions to Hacker News including clickbait titles that are frequently fixed by HN mods, and in one case, explicit voting manipulation with an attempt to bypass the voting ring detector via linking to /newest: http://i.imgur.com/08pAFOw.jpg This acquisition sends a disappoi…

I am glad to see that I wasn't the only one who felt that IH were gaming the system and was treating their stories as spam. It does make me suspicious as to if HN admins treat YC alumni more equal than others.

As far as I know IndieHackers is not YC alumni.

Stripe is but as far as I know HN admins can't see the future.

Re: IndieHackers.com acquired by Stripe

#115

Earlier quoted context omitted.

I am glad to see that I wasn't the only one who felt that IH were gaming the system and was treating their stories as spam. It does make me suspicious as to if HN admins treat YC alumni more equal than others.

Moderation on HN is very strict. If Indie Hackers were 'gaming' the system, they'd be banned. That hasn't happened. The posts consistently end up on the front page because people like the site...

Banning on HN doesn't quite work in so off-with-their-heads a way. There are many forms of gaming HN; the spectrum runs from outright evil all the way to accidental. We try to make the punishment fit the crime, so in general a site not being banned doesn't mean they didn't try to game the system.

Re: IndieHackers.com acquired by Stripe

#116

Earlier quoted context omitted.

The thread you link to is about a story which was published on IH. Sure, publishing this story wasn't a highlight for IH, but starting two swing the morality hammer is a bit much.

read it again, they were ripping IH for letting dubious submissions through without proper vetting. 2017 Feb: "I'm never using IH again" 2017 April: "I love IH"

It's almost as if HN is made of a community of different people with different personalities and motivations.

Re: IndieHackers.com acquired by Stripe

#117

First of all, congrats to csallen, I have been following your journey from the day you launched on HN and it was fascinating to follow along. If you haven't read his month in review posts, highly recommended. I hope it's not taboo to speculate on the acquisition price, so here's my take : * extrapolating a $5k/month revenue to a year = $60k/year * acquisition price is roughly 2-4x yearly revenue so $120k to $240k * P…

When the PH was aquired for 20 million, I thought about how much a smaller company like IH would cost.

And how much would it benefit from belonging to a company that have already found their cash cow. There is not a perfect formula to make money on news and interviews, or you place ads everyerve or charge people direct. With Stripe taking care of most costs, IH can focus on what it really does best, produce content.

Re: IndieHackers.com acquired by Stripe

#118
post #90

Wow, 6k in ad revenue per month sounds a lot. How many page hits are required to get this kind of ad revenue?

Not as many as you might think. It's more about having a specific and valuable audience and doing sales. I've written about it a bit in some of my monthly review posts: https://www.indiehackers.com/timeline

Oh, thanks for the link. This is quite incredible.

Where are the ads btw? I don't see a single ad on your website :-) Or did you remove them post-acquisition?

Re: IndieHackers.com acquired by Stripe

#119

Earlier quoted context omitted.

The thread you link to is about a story which was published on IH. Sure, publishing this story wasn't a highlight for IH, but starting two swing the morality hammer is a bit much.

read it again, they were ripping IH for letting dubious submissions through without proper vetting. 2017 Feb: "I'm never using IH again" 2017 April: "I love IH"

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