Re:Ask HN: Sell my startup for $14M because I can't raise $2M?
by mrfusion on Friday September 22, 2017 @04:34PM
(#15315555)
Would a small helicopter make more sense?
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Re:Ask HN: Sell my startup for $14M because I can't raise $2M?
by halbritt on Friday September 22, 2017 @05:23PM
(#15315931)
Privately owned aircraft are referred to as "that hole in the sky into which the money goes."
Re:Ask HN: Sell my startup for $14M because I can't raise $2M?
by MrFantastic on Friday September 22, 2017 @06:27PM
(#15316459)
... and may be your coffin.
Re:Ask HN: Sell my startup for $14M because I can't raise $2M?
by pfarnsworth on Friday September 22, 2017 @04:48PM
(#15315661)
I worked with one of the cofounders of Intuit. He has what he described as the "Honda Accord" of helicopters. If someone worth many hundreds of millions only has an average helicopter, you probably need many tens of millions for a small helicopter.
Re:Ask HN: Sell my startup for $14M because I can't raise $2M?
by cialowicz on Friday September 22, 2017 @04:54PM
(#15315707)
I'd say that an R44 is the "Honda Accord" of helicopters, and they're around $500k brand new. With a net worth of hundreds of millions, I'd expect that he went for something safer (with a turbine), like a Bell Jetranger.
Re:Ask HN: Sell my startup for $14M because I can't raise $2M?
by secondmod on Friday September 22, 2017 @04:39PM
(#15315593)
Will bunch of Cessnas do?
50k to 150k per plane
Re:Ask HN: Sell my startup for $14M because I can't raise $2M?
by kevan on Friday September 22, 2017 @04:52PM
(#15315695)
You don't even need a $500k net worth to afford a Cessna. Most guys I know that have them are firmly middle class. They have to make some compromises on houses and cars, but it's worth it to them because they love to fly.
Re:Ask HN: Sell my startup for $14M because I can't raise $2M?
by lphnull on Friday September 22, 2017 @05:27PM
(#15315974)
brb, launching cesna uber startup for rich folk.
Re:Ask HN: Sell my startup for $14M because I can't raise $2M?
by sheppyc on Friday September 22, 2017 @07:30PM
(#15316881)
https://en.wingly.io/
Not allowed in US though.
Re:Ask HN: Sell my startup for $14M because I can't raise $2M?
by JoeMalt on Friday September 22, 2017 @06:11PM
(#15316345)
Somebody was asking about this on Reddit (/r/flying I think) a few months back. Short answer is that the FAA does not take kindly to receiving payment if you don't have a commercial license, and if you do then there's better work out there than Uber-for-cessnas.
Re:Ask HN: Sell my startup for $14M because I can't raise $2M?
by jtraffic on Friday September 22, 2017 @05:01PM
(#15315758)
Or this: https://www.iconaircraft.com/home