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> Would you consider applications where the "exit" strategy is just to make money from customers and pay out dividends to shareholders Apparently Wufoo is alre
by pchivers 19y ago
> Would you consider applications where the "exit" strategy is just to make money from customers and pay out dividends to shareholders
Apparently Wufoo is already profitable by making money from customers...
http://www.foundersatwork.com/1/post/2007/07/yc-alums-visit-cambridge.html http://www.foundersatwork.com/1/post/2007/07/yc-alums-visit-...
- euccastro 19y ago[When I click on that link it takes me to the weebly homepage. (?)] Congratulations to the Wufoo team! Profitability is a great position to be in. Now back to my question: being profitable doesn't rule out the option of being acquired. What was their investor exit/ROI plan when they applied to YC? What is it now? Are they paying out any dividends? Planning to? Googling for "dividends site:news.ycombinator.com" reveals the following comment from PG: ( http://news.ycombinator.com/item?id=28399 http://news.ycombinator.com/item?id=28399 ) Most startups don't pay dividends. Even Microsoft barely does. Owning 10% of a technology startup basically means you get 10% of the proceeds if the company gets bought, or hold 10% of the now tradeable shares if it goes public. But this is a comment on the industry at large, not on YC's policies. Although we can make educated guesses based on this, it would be great to have an explicit reply on this matter.