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I'm glad they are making money, but 1M in revenue doesn't strike me as a lot of money once you divide it across 4 people. I'm making 1/4th of 1M just by having
by vcryan 6y ago
I'm glad they are making money, but 1M in revenue doesn't strike me as a lot of money once you divide it across 4 people. I'm making 1/4th of 1M just by having a job, no startup capital required ;)
- dvt 6y agoThis is a pretty tone-deaf comment. Any startup can theoretically scale infinitely (and realistically, at least 10x), whereas you can only dream of those numbers. They can also be bought/exit for life-changing amounts.
- atleta 6y agoScaling theoretically is easy. Practically is a bit harder. What would have been interesting info (besides the ARR) is their growth rate and growth history. That would give insight into whether they are on the path you mention or the case is more like what GP said. (Skimming through the article, I didn't see any mention of this.)
- indymike 6y agoThe founders over at Missive also own a share of their company, which is likely worth 3-10x its ARR should they sell the company. So, they've made a nice job for themselves and created a very healthy amount of wealth. Congrats to them.
- philliphaydon 6y agoI wish I earned 1/4th of 1M just by having a job.