Hot or Not acquired for 20 million • Hacker News Board

Re: Hot or Not acquired for 20 million

#21

Post by michelson01 » Wed, Feb 13, 2008, 5:49 AM UTC

inovica wrote: post #11

I say good for them for taking it. How many of us on here would be very happy if someone offered us right now $20 million. I know I would. Sometimes its worth taking what you can and moving on with your life - these guys will never have to worry about money again if they are careful with their money and on the basis that they are now free they can involve themselves in other ventures. Well done to them

they were already making millions a year for many years. it's not like they were broke before this.

Re: Hot or Not acquired for 20 million

#22

Post by inovica » Wed, Feb 13, 2008, 1:36 PM UTC

michelson01 wrote: post #21

inovica wrote: post #11

I say good for them for taking it. How many of us on here would be very happy if someone offered us right now $20 million. I know I would. Sometimes its worth taking what you can and moving on with your life - these guys will never have to worry about money again if they are careful with their money and on the basis that they are now free they can involve themselves in other ventures. Well done to them

they were already making millions a year for many years. it's not like they were broke before this.

and your point is?

Re: Hot or Not acquired for 20 million

#23

Post by wallflower » Wed, Feb 13, 2008, 2:51 PM UTC

neilc wrote: post #20

wallflower wrote: post #18

Congratulations to these pre-Web 2.0 Web 2.0 founders... Hot or Not is a superb example of being in the right place at the right time with the right idea and the right skills and a bit of luck "It all started the evening of October 3, 2000, when I was sitting in my living room sharing a few beers with my roommate, Jim Young, and my brother, Tony. Jim had just mentioned that he thought a girl we had met at a party was…

I'm just curious, but what makes them "Web 2.0 founders"?

Web 2.0 is about user-generated content/discussion. They were ahead of the curve in realizing and/or stumbling on that. Yes, user-uploaded pictures barely meets minimum standards for "user-generated content" and hot-or-not voting barely meets minimum standards for "discussion". And you might say it was the first Web 2.0 site that spread virally..

Re: Hot or Not acquired for 20 million

#24

Post by cellis » Wed, Feb 13, 2008, 6:13 PM UTC

inovica wrote: post #22

michelson01 wrote: post #21

Earlier quoted context omitted.

they were already making millions a year for many years. it's not like they were broke before this.

and your point is?

point is they should have let it ride, seeing as the $20mm isn't really going to change their life.