Wow congrats Paras! such an inspiring journey you had..
Thank HN: My bootstrapped startup got acquired today
261–270 of 414 posts
Re: Thank HN: My bootstrapped startup got acquired today
#262My employer picked vwo over my own custom in house ab testing tool [0]. I was so pissed! Congrats, yours was the better tool. [0]: https://news.ycombinator.com/item?id=23471050
Awesome dude
Re: Thank HN: My bootstrapped startup got acquired today
#263(Co-founder of Optimizely here) Congrats! It was fun competing with you
Dan, thank you! I has been fun competing with you. I remember the golden days :) I've been following your journey post Optimizely! Hope your new ventures turn out to be equally fun and fulfilling.
I think it was a time when bootstrapping was a thing.. I feel its scary for new startups to bootstrap since the last decade with huge fundings, especially with funding in billions becoming a normal with the ongoing AI craze.
https://news.crunchbase.com/ai/largest-ai-startup-funding-de...
Re: Thank HN: My bootstrapped startup got acquired today
#264This is what HN community is all about. Wholesome posts like this one :)
Re: Thank HN: My bootstrapped startup got acquired today
#265I also want to thank my co-founder Sparsh for building the company with me. He deserves as much congrats as it's coming my way! (He sometimes lurks here on HN)!
Couldn't have built Wingify without him!
He'll continue to be associated with the company as the CEO and I feel rested knowing that :)
Re: Thank HN: My bootstrapped startup got acquired today
#266And now, 15 years later, "site:ycombinator.com" is what I appended when I wanted to search for advice on what to keep in mind while selling my company.
There is a ton of great advice and information in the HN archives, so much so that it could be a startup idea itself.
Re: Thank HN: My bootstrapped startup got acquired today
#267This might be a dumb question, for which apologies in advance, but isn't 200 million a little low for a company with $ 50 million revenue? But maybe not, -- the profit is say $20 million and the acquirers are paying 10 X annual profit?
at $20mil profit, that's a 40% margin, which is quite high, even for a tech company (tho for a startup, which can be nimble and agile, it's not impossible).
Re: Thank HN: My bootstrapped startup got acquired today
#268[dead]
Re: Thank HN: My bootstrapped startup got acquired today
#269Congratulations that's amazing. What are your next steps from here? Planning to continue or take a break?
Re: Thank HN: My bootstrapped startup got acquired today
#270I love how wholesome the comments are, probably the most wholesome thread about startups I've ever seen.
congrats :)