That's revenue, so not .. quite what he's taking home. Less cost of servers, then benefits which he's not getting from an employer, 401k matching, etc.
Oh I’m not disputing it’s good for a single developer along with the freedom.
It’s just that these projects always get talked up as huge successful life changing products (like Bingo Card Creator and appointment reminders etc) and then have really small revenue numbers attached to them.
Don’t get me wrong, kudos to the developers for building something people love and that give them the lifestyle they want.
I just think these projects are often overhyped to seem more than what they actually are: lifestyle projects.
Frankly, if you don't have a bespoke Pagani Zonda with your initials in the model name, we're collectively unsure that your lifestyle has enough style or enough life. Thinking it over, I might not even invite you to my birthday party.
It's a lot for a single developer. But not a lot for a product that has a lot of mind share and receives a lot of free publicity via outlets like this.
220k/yr is would probably be fine for most (he probably takes home less than that, but at the same time he can do whatever he wants).
However, I don't really like pinboard's "business" story - it seems, selfish, for lack of a better word. Pinboard lives and dies with Maciej and the people who have come to depend on that product may lose an amazing service if Maciej gets tired of running it.
He may never get tired of it, but pinboard is reminiscent to me of many one-man communities that were built in the early 2000s that just died once the admin left - and no one was equipped to take over because the admin never wanted to let anyone else in. So 220k is great, but is it enough to support at least one other person full time? Is everyone who uses pinboard aware that the services lives or dies with one man (I know its called out in the blog post).
When I see pinboard, I see less of a product that was made to provide value to others and more of a side project that lets the CEO live how he wants. Which is fine (I think Maciej is a great person - and I've donated to the Great Slate), but isn't my cup of tea when it comes to product responsibility.
I think the short history of web services has shown that depending solely on the whims of the founder is often much more reliable than the whims of VCs or other methods of running it. Delicious didn't live or die with Joshua Schachter, yet it's not around anymore.
And yeah, 220k/y is more than enough to support another person full time. Not everyone lives in SF and pays thousands for half a bedroom.
Well, a one-man community usually makes no money and nobody wants to take it over. But a business making 220k/yr? I bet he (or his relatives in the bus scenario) would find lots of people willing to maintain Pinboard for 220k/yr.
> However, I don't really like pinboard's "business" story - it seems, selfish, for lack of a better word.
How is it different than any other small business started to serve a community? Businesses close all the time for all kinds of reasons. If your favorite restaurant were to close because the owner and cook developed a serious illness, would you be upset at the selfishness of that person?