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Without any indication of where these indie hackers live, the income statement is almost useless. If you earn $100k/year while living in Bratislava, Slovakia, t
by capableweb 4y ago
Without any indication of where these indie hackers live, the income statement is almost useless. If you earn $100k/year while living in Bratislava, Slovakia, that would put you in the upper bracket when it comes to income, while if you live in San Fransisco, US, you're not exactly making a killing.
- nobody0 4y agoIt's not a killing definitely a living though..
- wahnfrieden 4y agoit’s likely mostly passive income if R&D slows to a minimum. that affords a lot of flexibility with one’s time vs comparing with wage labor where free time is never earned
- cuu508 4y agoIIUC $100K is the revenue number, you also have to take into account operating costs, overheads, taxes.
- judge2020 4y agoApparently it's "Stripe verified revenue" which is based on this[0]. I imagine it's all USD but you're right that it doesn't indicate the living situation of the humans running the operation. 0: https://www.indiehackers.com/products?revenueVerification=stripe&sorting=highest-revenue https://www.indiehackers.com/products?revenueVerification=st...
- dinvlad 4y agoExactly, a lot of them live in remote areas like Bali with low costs of living, and have better housing etc. compared to a lot of salaried employees here.