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Hacker Bits, April 2016

HACKER BITS is the monthly magazine that gives you the hottest technology and startup stories crowdsources by the readers of Hacker News. We select from the top voted stories for you and publish them in an easy-to-read magazine format. Get HACKER BITS delivered to your inbox every month! For more, visit http://hackerbits.com.

HACKER BITS is the monthly magazine that gives you the hottest technology and startup stories crowdsources by the readers of Hacker News. We select from the top voted stories for you and publish them in an easy-to-read magazine format.

Get HACKER BITS delivered to your inbox every month! For more, visit http://hackerbits.com.

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My "celebration" at In-N-Out<br />

So sure enough: I transferred<br />

the apps from my iTunes Connect<br />

account to theirs. I gave<br />

them my login details for my<br />

email list, my hosting account,<br />

and a few other things.<br />

Then they wired over the<br />

money.<br />

And just like that the deal<br />

was over and I’d sold my first<br />

company.<br />

My wife was out of town so<br />

to “celebrate” I treated myself to<br />

In-N-Out for lunch!<br />

Mental exhaustion<br />

The deal made a ton of sense<br />

and I’m glad it got done.<br />

But it did take over 7<br />

months, hundreds of emails,<br />

and dozens of phone calls. It<br />

was psychologically exhausting<br />

and definitely the hardest part<br />

of the 3.5 years I ran the business.<br />

I’d heard so many horror<br />

stories about failed acquisitions<br />

that I always assumed it was<br />

dead until the cash was finally in<br />

the bank.<br />

Even literally the Monday<br />

before the sale closed I spent all<br />

day in bed worried about whether<br />

it would actually go through.<br />

That was not fun, and various<br />

levels of depression occurred<br />

throughout the sales process.<br />

That would explain the<br />

relieved smile in the picture<br />

above.<br />

Thank you Salem Media. It<br />

was a pleasure doing business<br />

with you.<br />

Here’s to the next side<br />

project. •<br />

Reprinted with permission of the original author. First appeared at trevormckendrick.com.<br />

hacker bits<br />

35

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