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Re:Ask HN: What passive income investments exist to suppleme... by chillacy on Monday May 10, 2021 @12:55PM (#27108112)
One which I'm curious about is buying software businesses with existing user bases and adding new features, kind of the equivalent of buying a fixer upper, but it uses my unique skills.
Re:Ask HN: What passive income investments exist to suppleme... by throwaway088 on Monday May 10, 2021 @01:01PM (#27108189)
I have been part of feinternational for sometime and saw their prospectuses. In general, if there is an existing user base, then the price factors it in already. You must have a plan and ability to increase the userbase in order to get a return on investment. Otherwise, some competitor may simply attract your customers and you are doomed.
Re:Ask HN: What passive income investments exist to suppleme... by quickthrower2 on Tuesday May 11, 2021 @06:09AM (#27116247)
It works very well if you are already the bigger competitor :-)
Re:Ask HN: What passive income investments exist to suppleme... by throwaway088 on Tuesday May 11, 2021 @11:14AM (#27119075)
Agreed. But I was talking from perspective of being a passive business for a single person
Re:Ask HN: What passive income investments exist to suppleme... by jcun4128 on Monday May 10, 2021 @12:57PM (#27108123)
Are there any good sites that do that... seems like they're filled with sites that are hard to verify if they're legit.
Re:Ask HN: What passive income investments exist to suppleme... by bttrfl on Monday May 10, 2021 @01:18PM (#27108388)
you might want to check MicroAcquire
Re:Ask HN: What passive income investments exist to suppleme... by Frypa on Monday May 10, 2021 @02:41PM (#27109349)
Require you to have a linkedin account to continue. Depressing. I gave up.
Re:Ask HN: What passive income investments exist to suppleme... by ornornor on Friday May 14, 2021 @04:17PM (#27159234)
I was disappointed by that website. You can’t see much without registering and once you have, you still can’t see much about businesses (let alone ask questions) without buying a 300$ membership.