@thesamparr Love this. For a few years, my wife and my income was tied to us traveling (either sponsors, events, podcast, etc). My wife got sick while pregnant and while I loved our work, didn't want income to be tied to lifestyle. Started focusing on SaaS/owned biz. Grateful for separation.
@valuemaverick@APompliano@AdamRy_n Earn-out deals are common and in no way represent "stealing from investors". Sam had a disproportionate amount of value tied to his time and the podcast (maybe more than value of his biz, idk). A company can pay you upfront for biz value and also say they value your personal time
Did a thing last week! Launched https://t.co/OJudTHgUNO at the Tampa RV show. A lot more work to do, but we've had hundreds of sign-ups from service providers in the first two weeks.
Excited to see where this goes.
EVERYONE in the RV space NEEDS to know about this new business. It is going to be BIG.
I recently got to talk with Heath Padgett about his new venture, RV Help.
If you don't know Heath, he co-founded https://t.co/DAZO43qdMy & sold it to Camping World in 2021.
A thread
1/9
Dusting off the entrepreneur cob webs and getting back on the horse for round #2 of startup life :).
Building a marketplace/app for connecting RV owners to trusted/vetted nearby techs called RV Help. :)
What I'm building: https://t.co/CDrV9bTs78 via @LinkedIn
@TomFrankly Also, would this point more towards a flaw in the open source model or how they've set up Wordpress? (genuine question) If the WP .org model worked, why could WPEngine build on it in this way? Just seems like another company will do similar things if it worked/was profitable?
@TomFrankly I read high-level backstory on both sides (just via a few articles). My story is that it feels WPEngine has succeeded wildly and (exploited would be a bad word) executed very well within the parameters of how WP .org is set up and this makes Matt upset.
@ankurnagpal Would love this! My last company was an llc (literally because it was easier) and we sold a shade under five years (which is when I heard about QSBS through C corp). Just formed my next startup and going c corp for this reason (and also easier fund raising vehicle).
Just paid $4k on a domain for a new startup (short & memorable name) after never spending more than $10 on a new URL!!
Nervous but mostly excited to get back into the startup seat again for round #2!
It’s easy to feel like the US is a good place to live until you need to go to the hospital for literally anything.
My wife has been holed up all week with a severe throat and ear ache. Can’t get in to see a new doctor (we don’t have a general physician) and just to see a doc it was $300. Then multiple tests (which cost more) and can’t tell what it is, but they gave antibiotics just in case (even though couldn’t confirm what it was).
Every healthcare experience I’ve had in the US for the last 5 years has been underwhelming and expensive.
Last month, our nephew fell off a table at daycare and broke his arm. It cost $50,000 for him to get shuttled via ambulance to 2 hospitals and get a pin out in it.
It feels like everyone is a slip or a fall away from a major financial headache/liability.