121–130 of 191 posts
Independent software is the new gold rush. A few people getting rich and the rest getting nothing.
Source: this was posted on HN years ago and the cofounder refuted the revenue claims.
It's not $14M. Source: this was posted on HN years ago and the cofounder refuted the revenue claims. https://news.ycombinator.com/item?id=10322265
Earlier quoted context omitted.
I'm having trouble replicating my own success from that era. Everything is more complicated today: the development stacks, the competitive landscape, the vast increase in regulations and liability around handling data, the move from an open web to social media silos and mobile apps, scammers and bots winning the spam wars and destroying most online advertising. I still have businesses I started in the 2000s and early…
> the vast increase in regulations and liability around handling data, Can you elaborate on this or give examples where these bigger hurdles than they used to be? I'm curious to know in what domains this is the case. I've no doubt that it is true, but my sense was that there are still large swaths of "internety" products that are entirely or mostly unregulated and where there isn't much to be said about how you handl…
Don't hire until you need to. And then don't hire until you want to. I'm doubtful every business can make it to $14M ARR, but I bet many companies could generate $1M ARR without needing employees. And that amount of money would be life-changing for many people (with, of course, the potential to sell what you've created to exit). I've spent much of my life chasing the "make it big" startup dream. I'll be pretty conten…
Earlier quoted context omitted.
I mean, I run a startup not doing that much worse. I have 0 accountants (pay CPA yearly for tax work). 0 lawyers. 0 devops. 0 QA. 0 monitoring . 0 HR. I do have : 3 devs (if I include myself) 3 support (tickets) 2 other supporting roles If I coded 100% myself (which I have in the past and could in the future, it would just mean less new features) and had a way to not answer tickets (like the OP story it sounds like d…
So you are 8 people. Quite a lot different than a single person. If you had a way to not answer tickets, that means you would not offer support to customers, so likely a lot less customers would be interested to pay you. You don’t get to 14 millions by cheaping out that way.
Everything that's wrong with our society, congrats!
From the pic in the post, that’s a lot of desks, monitors, and office space for a single person company
He lost his mind because of the isolation and now pretends to be different people throughout the day.
The key takeaway for me was that the mid-2000s were the perfect time to be a founder of a software tool. I can’t help but feel that there are so many tens of thousands of similar stories without such a successful conclusion. In previous roles I’ve used BuiltWith before and it’s an invaluable tool. There’s a few companies with similar approaches except focusing on social media profiles (HypeAuditor comes to mind) that…
Mid 2000s might have been harder. I think more people are willing to pay a subscription for a thing than back then.