Re:I sold Baremetrics
by pc86 on Tuesday November 10, 2020 @08:52AM
(#25045880)
Now that you mention it, you're right, maybe some of that extra $300k went to the employees? I don't know because I wasn't in the room. I'm curious how much money employees got, and why $3.7 million was enough when $2.9 wasn't.
[ Parent
| on HN ]
That entire $300k went to employees.
As for $3.7 vs $2.9...that was basically the number that, to oversimplify, would roughly give the outcome I wanted for "retirement" when it comes to investment interest over the next 50 years.
Basically, it's the number I felt comfortable with to not instantly feel like I needed to get back to work in a few years.
Re:I sold Baremetrics
by hajimemash on Tuesday November 10, 2020 @09:20PM
(#25054858)
He worked out a win-win deal that gives them publicity and him $4M. In gaming terms, I believe this play is known as a QUAD KILL.