Re:Thank HN: My bootstrapped startup got acquired today
by applied_heat on Thursday January 23, 2025 @03:26PM
(#42807730)
What would you do with $50k that would make such a difference in your life?
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Re:Thank HN: My bootstrapped startup got acquired today
by ge96 on Thursday January 23, 2025 @04:11PM
(#42808116)
Sadly for me it'd pay half my debt off
edit: with that in mind, leanfire is on my mind since I'm single/don't actually need much to live
Re:Thank HN: My bootstrapped startup got acquired today
by Dansvidania on Thursday January 23, 2025 @03:37PM
(#42807811)
I’d buy a house, myself..
Re:Thank HN: My bootstrapped startup got acquired today
by WJW on Thursday January 23, 2025 @05:15PM
(#42808606)
For 50k?
Re:Thank HN: My bootstrapped startup got acquired today
by tasuki on Thursday January 23, 2025 @05:38PM
(#42808802)
Yes why not. Hell, there are places in the world where you can buy whole villages for $50k!
Re:Thank HN: My bootstrapped startup got acquired today
by 20after4 on Thursday January 23, 2025 @11:36PM
(#42810577)
Found a place in a rural part of Missouri for $60k at the end of 2019. Everything has more than doubled in value since then. I had no idea what was about to happen when I signed that paper… but I’m sure glad I didn’t wait even a few months. Literally moved in February 2020 just in time to get really familiar with the new surroundings.
Re:Thank HN: My bootstrapped startup got acquired today
by Dansvidania on Friday January 24, 2025 @12:36AM
(#42810781)
For just a few k more. But I should not that I don’t live in the us.
Re:Thank HN: My bootstrapped startup got acquired today
by projektfu on Friday January 24, 2025 @12:14PM
(#42815216)
Decent new houses are USD 30k in Natal, RN, Brazil. More like USD 100k for beachfront property.
Re:Thank HN: My bootstrapped startup got acquired today
by mschuster91 on Thursday January 23, 2025 @03:55PM
(#42807967)
50k is enough to comfortably live on for a year even in Germany, much more so in other countries. Allows you to completely change perspectives or to pivot your entire career.
Re:Thank HN: My bootstrapped startup got acquired today
by dr_kiszonka on Thursday January 23, 2025 @04:25PM
(#42808245)
It feels strange to write about this, but resolving a health issue, paying off debt, and escaping the nerve-wracking cycle of short-term, low-paying gigs would be life-changing. I am the sole breadwinner, working 50-60 hours a week just to stay afloat, so I don't have the time to prepare for interviews and pursue a stable career.
There are many people like me.
Re:Thank HN: My bootstrapped startup got acquired today
by Sohcahtoa82 on Thursday January 23, 2025 @05:10PM
(#42808579)
Likely drowning in debt.
When you're living paycheck-to-paycheck, even just $10K in credit card debt at 30% is enough to keep you down. ~$250/month merely pays the interest.
Maybe there's medical stuff that needs to get done. Maybe the car needs fixing. Maybe you haven't gone on vacation in YEARS and it's taking a huge toll on mental health. I mean, consider how many people work jobs that don't offer ANY PTO, so even going on a stay-cation costs money due to lost wages.
Re:Thank HN: My bootstrapped startup got acquired today
by climb_stealth on Thursday January 23, 2025 @06:14PM
(#42809030)
I know someone who paid off their credit card debt with an inheritance of roughly that size. It completely changed their outlook on life. Before every month was a struggle to just stay on top of the credit cards. Now they are debt-free and are actually able to save a bit of money every month. And for example able to go eat out without struggle.
Mind you by hn standards this is on a miniscule income. Still, many people are struggling hard and a windfall like this can make a huge difference in quality of life.