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by jmduke 4907 days ago
Just curious -- why are you choosing to sell it instead of holding onto whatever passive income it generates?

I love Cheddar, and judging by some of the sales data shown in the TechCrunch article it doesn't exactly look like it's bleeding money.

1 comments

At best, it's generating about $1,750 per month right now[1], and probably represents a huge opportunity cost for Sam, especially given that he's involved full-time with another startup.

[1] (33,499 * 0.0262) * $1.99/month = $1,746.57. More annual accounts means less money.

- 30% apple cut