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Comment by ameister14 | Hacker News Reader

I don't really think that's an "only" statistic - 1 in 20 products there is a strong lifestyle business or more? That's amazing. They're comparing it to a full-time programming job but I think almost all of these are side projects until they hit a sustainable number for MRR.

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> there were total of 937 products with Stripe verified revenue

The stripe requirement filters a lot of zero revenue side projects.

And lets through a lot of low revenue side projects

It also filters out projects by older people, who are socially less likely (IMHO) to share how much money they make with strangers.

Also -- with SaaSes I've started, the bigger customers all paid via non-Stripe means (ACH, check, etc.) and would not show up in these stats. Would have made those businesses appear smaller than they were.

Agreed, 5% seems like a huge, encouraging number!

There is a big difference between revenue and profit. So nothing encouraging about this at all

i don’t come across many low margin indie hacker projects

How many of those are making over $100k? And how many are 100% honest about their costs?

no clue mate. professional experience these days does certainly teach people to give vendors a lot of rent to get the job done

Are you considering marketing (eg GAds) spend?

1 in 20, that know about the Indie Hackers website, posted on there, and use Stripe, so that's a hugely biased number already

Sure, but that's not the highest bar to clear.

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