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That's an... odd.. (ok.. wrong) interpretation. Stripe previously completely bought them out. So Stripe had complete ownership. A company firing you and then
by nl 4y ago
That's an... odd.. (ok.. wrong) interpretation.
Stripe previously completely bought them out. So Stripe had complete ownership.
A company firing you and then giving you ownership of a company they had previously bought seems unlikely.
- kelipso 4y agoThey have $0 MRR, so presumably Stripe was paying them to work on something that makes no money. If Stripe didn't want to do that anymore and didn't want to generate community ill will from shutting down Indie Hackers, this would be the scenario.
- NiagaraThistle 4y agoIt was never bought by stripe to have MRR. The initial acquisition by Stripe was to allow Courtland (and Channeing) to continue just inspiring people to become business founders. No revenue generation, no MRR for IndieHackers. Just continue inspiring people to start businesses by sharing advice and success stories. The goal was to increase the number of independent online businesses directly or indirectly and by doing so hopefully increase the number of online businesses that used Stripe.
- gardenhedge 4y agoWhat has changed?
- NiagaraThistle 4y agoI hope Courtland and/or Channing does a podcast to explain this.
- gardenhedge 4y agoIt's not odd or wrong. It's clearly based on the information presented.