Comment by someperson

5 months ago

Keep in mind Hacker News (formerly Startup News) is effectively a loss-leading advertising arm of Y Combinator, which at this point is one of the most successful investment firms in the world.

And HN founder and original author Paul Graham is (at least on paper) billionaire, not merely the decamillionare he used to be.

Though it's still good for it to be a self-funding project even if that means accepting donations.

> Initially called Startup News or occasionally News.YC., it became known by its current name on August 14, 2007.[4]

Oh I have been on HN since 2008 and didn't know that.