#255 – The Drive to Make Money, Defining Life Principles, and Courtland Wins $10k from Vincent Woo of Coderpad

Indie Hackers

Courtland Allen and Channing Allen

Startups, Entrepreneurship, Makers, Indie, Bootstrapping, Online, Technology, Business, Founders, Bootstrappers, Ideas, Tech, Indiehackers, Hackers

4.9 • 606 Ratings

🗓️ 27 May 2022

⏱️ 56 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Vincent Woo (@fulligin) sold his company for tens of millions of dollars. He joins the pod to talk to Courtland (@csallen) and Channing (@ChanningAllen) about advice for fledgling indie hackers trying to make money, the purpose of business, defining principles for one's life, and why he shouldn't have to pay Courtland for a $10,000 bet he lost.

Transcript

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0:00.0	What's up everybody?
0:07.0	This is Cortland from AndyHackers.com and you're listening to the EndieHackers podcast.
0:12.0	More people than ever are building cool stuff online and making a lot of money in the process.
0:16.0	And on this show, I sit down with these end hackers to discuss the ideas, the opportunities,
0:20.0	and the strategies
0:21.4	they're taking advantage of so the rest of us can do the same.
0:28.6	It's good to have you back on the pod, man. It's been a while. For folks who don't know you, you're Vincent Wu. You've been on the podcast a few times.
0:33.6	Oh, wait, have we recording?
0:34.6	Yeah, we're recording, man. This is live.
0:38.7	Welcome to the show.
0:41.0	What's your background?
0:45.6	You started a company called CoderPad, which you sold for tens of millions of dollars.
0:49.2	Can we still not say the exact amount you sold it for?
0:49.8	Is that?
0:57.1	Yeah, I don't, I think I'm allowed to say when the current company is sold to a new buyer, and then I negotiated to have the secrecy clause expire at that time.
1:02.2	But this may never happen.
1:04.1	So I have no idea.
1:05.7	They just bought another company.
1:08.4	So, like, I don't know.
1:10.1	Like, they're going strong. Are you tracking this? Like, when you sell your company and you're no longer involved, like, how much are you just tracking what happens to your baby? Not at all. I have no idea what goes on. You just wash your hands. It's like you've given your baby up for adoption. Are you even interested? Oh, I'm very interested. They just don't like to talk to me anymore. I saw a photo from
1:28.6	their all hands in Portugal, and there's like 80 people. They bought this French company, and then
1:34.1	they had an all hands, like, sort of in the middle in Portugal, not really. And there's like 80 people,
	...

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