Today I sold my $278,987 worth of Apple Stock
In this 2016 acquisition retrospective, @nitin_flanker reflects on the journey of bootstrapping and successfully selling their business. The deal highlights significant financial milestones ($278,987).
Core Principles for Independent Builders:
Unsolicited buyer inquiries versus running a deliberate auction process require very different negotiation leverage.
Bootstrapping for years without external capital provides extreme freedom, but exits are often triggered by energy depletion as much as financial gain.
Retaining ownership of code and operations creates pride, but transitioning to an acquirer requires letting go of absolute autonomy.
Community Debate Themes:
Hacker News peers debated transaction structures (cash vs earnout), founder tax strategies, and life after liquidating a long-term indie asset.
CATEGORY Startup Exits →
HISTORICAL ERA Cloud & Mobile Era (2014–2019)
COMMUNITY SCORE ★ 27 points
TOTAL DISCUSSIONS 28 comments
Forget about the jack. The real issue here is breaking the tick-tock release cycle.
I believe that a lot of iPhone6 users, that would have otherwise upgraded today, will now wait for iPhone 8 next year.
What we saw today was not iPhone 7, it was something more like iPhone 6s^2
Am I the only one more annoyed that it feels like they're ignoring professional users. To draw on Bernie, "We're tired of hearing about your damned headphone jack!" No updates to Mac Pro, Macbook Pro, or new Thunderbolt display (aside from rumor mill about MBP)
I have to agree. Today may be the day Apple jumped the shark. The use case for a headphone jack is just so broad. And the wireless headset just seems so...useless.
Spent the last hour looking at android phones. There are so many it is overwhelming
Really this is a rant about the headphone jack. I get it.
I use the headphone jack in three different use cases everyday. Very displeased they are doing away with it, a dongle or $160 5 hour headphones is not a solution.
It somehow bothers me a lot that he's referring to his broker as his investment banker.