Thank HN: My bootstrapped startup got acquired today

Post by nojvek » Thu, Jan 23, 2025, 10:36 PM UTC

klik99 wrote: post #27

duxup wrote: 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…

Post by wnolens » Thu, Jan 23, 2025, 10:41 PM UTC

packetslave wrote: post #47

devops000 wrote: post #28

Could you share your Revenue and EBITDA of last 3 years? I am interested to understand multiplies. Did you sell all-cash or 51% cash + other?

what an intrusive, nosy question!

Post by edelwiess » Thu, Jan 23, 2025, 10:45 PM UTC

harisenbon wrote: post #121

Congratulations! I just checked when I started using VWO, and found a really nice exchange between you and me from Fri, Dec 11, 2009. VWO is still the absolute best split testing tool out there. You deserve all the success.

Post by sureglymop » Thu, Jan 23, 2025, 10:46 PM UTC

ignoramous wrote: post #94

_1tem wrote: 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/

Post by l2silver » Thu, Jan 23, 2025, 11:03 PM UTC

malshe wrote: post #131

l2silver wrote: post #112

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?

The TechCrunch article the OP linked above mentions this: > Chopra, who owned 71% of Wingify before the acquisition, will retain a minority stake in the firm, one of the sources said.