News for hackers. Stuff that matters.
Re:Bootstrapping a $15m/yr lifestyle business by tarous on Thursday August 08, 2013 @08:59AM (#6178574)
The company sells products created by other authors. They have a few small ones (like apps), but they are not the core of the business. Take a look at other stuff, like quantumjumping.com - that's pretty... serious? They have things like astral projection too - and other weird stuff.

Employees are not paid much - most of these 100 people earn within 12-18k USD per year MAX. They opened and renovated two big offices in the last 3 years too, so I think they are quite saddled with debt if you ask me.

The overall profit margin for the whole business is about 5-10%, so really not much, considering renovation, hiring and equipment costs.

There are no comments on this comment yet.