kynikos

I have a small start up software platform with high value to higher ed marketing companies. We did get some angel funding, but have sine paid it back so we (myself and co founder along with 2 employees) are the only shareholders.

After much deliberation, we decided to shut down shop in pursuit of another idea.

Beyond sites such as sitepoint, how does one go about selling their early stage start up? How should we value it and price accordingly?

We're not talking about anything huge, but we do have demonstrable traction, were growing. With a higher budget and a better engineering focus, a larger company could benefit. Or, it could be a good early stage "turn key" start up for entrepreneurs who want to start selling a pre-built product. I don't expect to make hundreds of thousands of dollars or millions, but something in the tens of thousands would be nice.

Any first-hand or second-hand advice that HN can share? You guys have always been so helpful in the past :)

Does anyone have any recommendations on banks to work with during your startup phase?

I'm mainly looking for a free (ideally) business checking account that will serve our minimal needs until revenue ramps up later this year. I have talked to some local branches, but because we're incorporated in DE, my bank requires me to file a DBA with my home state (New York in this case.)

My friend created this over the last couple of nights and I thought I'd pass it along to the HN community.

http://www.snipt.org

Think of it as twitpic for programmers. Feel free to make any suggestions and I'll get them to him.

A friend and I have been running a blog network for college students in our free time--TheCollegeBlogNetwork.com. It was somewhat of a stagnant project for a few weeks and now we're back working on it as much as we can.

How would you change our website?

We're currently working on a redesign and a bunch of new features (some of which is related to our monetization strategy.) I am always amazed at how insightful HN can be and would love to hear your input on what you would do to change our website.

Over the last few months, a friend and I have been growing a startup. We just graduated college. He's moving back home to continue programming at a company he's been with for years. I chose to move to a neighboring city to take a stable job at a growing, somewhat large (~200 people) internet company.

I just started yesterday and I already feel like this wasn't the right decision. Our plan was to continue working in our free time to grow the site, but I want to dedicate 100% of my time to it, something that my partner is unwilling to do due to overbearing student loan payments and the allure of a near-six figure salary at his job. I fear that we'll both become too busy and worn out from our jobs and lose momentum with our venture.

Are there any people here who have successfully grown a company in their free time, ultimately making their venture full-time? I wonder how many people here are working on their startups part time?