Comment by jddj | Hacker News Reader

Comment by jddj | Hacker News Reader

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If the result of those thousands of hours is worth <= 10000 by some valuation method which makes sense to me.

More nuanced answer: I have a project that I've been plugging away at for years now. It may never pay for itself if I value my time at the same rate that I charge it out to others, but in that time it's improved the quality and speed of my other outputs significantly.

In that regard it's probably already paid for itself, but I wouldn't sell it because it continues to be valuable to me both in that regard and as a creative outlet.

If it were a throw stuff at the wall and see what sticks saas I'd have no problem selling it for a reasonable valuation of future earnings.

Wish I could edit my comment as I see it has triggered many responses. To me, the effort of closing a deal to sell something that's not losing money isn't worth $10,000. I'd rather keep it alive and let users enjoy it. If I'm losing money, that's a different story, of course. But since selling on Acquire tops at $10,000, I decide that it's not worth my time. I might think differently if instead of $10,000 it was $100,000. That would pay off part of my mortgage. But having to do KT, sign documents, consult with lawyers, do loads of admin for $10,000? No way. I am almost offended

Maybe people are assuming it's $10,000 net after the cost of lawyers and "admin" or whatever it takes to sell your thing on Acquire. $10,000 is a lot of money, if I had some hobby project that was break even and I was getting sick of dealing with it, I'd even sell it for $1,000, let alone $10,000 which can be life changing!

Even if it meant you can't work on something similar to that hobby project again?

Probably. OP said he can't get excited about the project, and hates the situation, so sure. For a few grand in the pocket, no big deal. Is this really a standard term for selling a failed business? You can't work on something similar ever again for the rest of your life?

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