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Re:Ask HN: Creating passive income online - myth or doable? by iSloth on Monday December 24, 2012 @10:41AM (#4963107)
Any info on what the startup actually does ?
Re:Ask HN: Creating passive income online - myth or doable? by zeynalli on Monday December 24, 2012 @10:52AM (#4963139)
We grew big too fast, our team can't handle too much costumers for now. I've bootstrapped, I have not time now to apply for a VC money and I can't work because I'm in last year of medical faculty, I must concentrate on my exams, medicine is very hard to study. So I decided to not accept any payments anymore in next 4-5 months. Also our initial website and branding was not so good and I thought it would be better if we rebrand and relaunch with a different name. I had bootstrapped that time and built everything by myself. Therefore I deleted everything in website to rebuild it. It's empty actually. Now I hired some top designers from Dribble, I think it will be ready in 40 days. I'll open a Show Hn thread for the launch.
Re:Ask HN: Creating passive income online - myth or doable? by vccafe on Monday December 24, 2012 @01:41PM (#4963689)
If you haven't launched yet, how are you making $20-30K a month? ads?
Re:Ask HN: Creating passive income online - myth or doable? by zeynalli on Monday December 24, 2012 @01:55PM (#4963730)
No I've launched, it worked till november, we got too many costumers and couldn't handle all of them. I decided to stop payments and rebrand everything, make a new bigger team and launch a new website. We do service, therefore we have too many paying costumers now, we don't need any sales for naechst 6 monthes, it's still profitable. But we'll launch in february.
Re:Ask HN: Creating passive income online - myth or doable? by tashfeen on Monday December 24, 2012 @03:12PM (#4963931)
Would appreciate any advice on how to create such compelling web services...