Indie Hackers is indie again
indiehackers.com
indiehackers.com
If you are looking for inspiration or case studies, try Starter Story. They pretty much picked up where Indiehackers left off.
Indie Hackers is hit or miss. Occasionally, you stumble upon a great nugget, you find outstanding help from community members.
Typically, you get a lofty influence post with no value.
I am still a member. Semi-active. But not very involved.
Looking forward to the future, though! With reclaimed freedom, I would love to see it flourish again.
I do agree that the past several months, and the past several podcast episodes have been less than exciting and inspirational, but I wonder if the reason has anything to do with this decision. It may be that there were changes happening behind the scenes and Courtland and Channing were getting bored and that affected their enthusiasm. That could be why they decided to leave and rekindle that Indie spark.
Either way, I never thought the value of IndeiHackers was in the forum post - comments sometimes maybe- but rather in the podcasts and interviews as these told the stories of starters and how they built their companies. To me the forum was just a way to keep traffic around engaged between episodes of the podcast.
Five years into the future, I am now working to grow T.LY URL Shortener to be the best way to create and manage short links. I have a long way to go but I have made a lot of progress in a "short" time.
T.LY URL Shortener https://t.ly/
Park.io Interview https://www.indiehackers.com/podcast/034-mike-carson-of-park...
Very inspiring for solo side-project people like myself :)
Don't get me wrong, I'm all for celebrating success. But the recent flood of self-promoting posts that offer little substance or value to the community has made it harder to find the signal amid the noise.
I hope now that the site isn't pressed to make money maybe it will go back to the roots and stop compromising the quality and authenticity.
At $0 MRR, that's exactly what they are.
This is not a dig but the (current) reality of community sites.
At Stripe, they were probably being paid as marketers, not engineering managers. (No team, no direct reports.)
One problem is that indie hackers, by self selection, are not typically investable. If you're not looking to raise, the forum you spend your time on can't, say, buy equity in you or funnel you toward a batch-based accelerator program.
Maybe the Allens can do micro-investments, but again you have a selection problem at play.
They could choose advertising and decide to grow the base. Then they start competing with outlets like The Hustle, My First Million and Morning Brew.
The group of people who want to be indie hackers is much smaller than the group who enjoy “business news” (Morning Brew) or business entertainment (My First Million).
Whatever the Allens decide, I hope they succeed.
Yesterday I posted a question about which country is best for an indie hacker to incorporate in. Got zero responses.
I posted about how to do outreach sales. Got some response but the response I got from /r/startups was 100x better and gave tons of info on how to start and what to think about.
I like the idea of indiehackers.com, I think when they got bought by Stripe they were given goals/targets that resulted in it turning into what it is.
Doesn't mean indie hacker hubs are a bad idea, just that it feels less about learning and more about cheap content.
It was never pressed to make money. Courtland said it many times on his podcast that Stripe never expected or gave him goals to earn revenue.
My guess as to why Stripe acquired IndieHackers is that COurtland promoted founding small companies to aspiring solopreneurs and those new companies would need to collect money and hopefully would use Stripe to do so. Encourage more and more people to found companies, and more and more new companies would use Stripe - free low-key sourcing of new customers without marketing or real revenue generation from IndieHackers.
On one hand they mention they're at $0, but also say Stripe is still being supportive as an investor. Is Stripe still financially supporting them? What were the details of their set up? What did their salary look like over the last 6 years? What was the growth like? What was it like working for Stripe? What caused the break?
If you're reading this, I'm curious what your plans are to monetize. What companies are you taking inspiration from?
Feels like less than 1% of the users are actually active regularly. Can't see how ads are gonna bring in much revenue.
Hope they manage to turn it around though because the old IH days were the best!
Glad to see if back in the founder hands with a fire to make it great again.
Presumably Stripe owned it before, now they don’t… or own some smaller portion (since it’s stated they’re an investor)
Likely either founders bought back a portion of the company, or Stripe relinquished ownership out of goodwill. Perhaps it was worth very little, I’m not familiar with it
"Right now we're sitting at exactly $0 in MRR, so the journey is just now (re)starting."
On a side-note, I wonder if this decision relates to Stripe’s ambitions to IPO soonish.
This is a good place to start: https://www.indiehackers.com/start
Stripe previously completely bought them out. So Stripe had complete ownership.
A company firing you and then giving you ownership of a company they had previously bought seems unlikely.
The goal was to increase the number of independent online businesses directly or indirectly and by doing so hopefully increase the number of online businesses that used Stripe.
Do you have reason not to trust @csallen?
Do you think the Allens had commit privileges to the Stripe codebase? That seems unlikely.
For some strange reason resetting the password doesn‘t work for me. It tells me it‘s going to sene a mail with instructions in a few minutes and then nothing ever arrives…
Stripe lays off the creator(s) of Indie Hackers and they (Indie Hackers) will start to monetize the website with ads, newsletters and merchandise.
So predictable.