Bottom line is: I really want to focus on my projects that have high revenue viability. I'm not experienced with monetizing free products, but someone else is. Until then, having threewords.me on my back is extra baggage that I'd rather let someone take care of, so I can focus back on what's important for me: creating profitable startups.
I had the opportunity to take six-figure funding amounts from big firms and individuals, but I said no to that. I'm passionate about building better support systems for startups. I'm passionate about building an OpenTable competitor. I don't feel the same passion with threewords.me, and since I never take capital on something I don't really think my soul has a connection with (to go all zen on you), the other option was to sell it.
I really appreciate the kindness of the Hacker News folks for taking an interest in the threewords.me 'saga' (thank you!) but I'm admittedly a little embarrassed because the image that all this coverage is putting out for me isn't something that I actively pursue. I secretly hoped that the threewords.me sale wouldn't hit HN, and was satisfied (until now :P). It's just a side project that went big.
I thought you handled it extraordinarily well, and this should be a case study on what to do when you've got a successful project on your hands that you aren't inspired by... a number of people fall into this circumstance, and usually they just let the project languish and die a slow death. I think you handled this really well and I'm inspired by it.
Congratulations and I'm hoping this is a sign of things to come when people have side projects go big.
And once I find out some kind of number for the sale amount, that's exactly how it will get written up on swombat.com.
Edit: apparently, the figure will not be forthcoming. Oh well.
Quote of the month.
I hope, though, my explanation will also help others in the same situation!
edit I also didn't explicitly say what @jeromec did, but I definitely share his sentiment. You owe nobody an apology for the success that you had and will hopefully have in the future.
Playing it safe is one way to get ahead in a sure and steady way and I'm quite sure that the way you've positioned this project and how you handled yourself in the execution of the project and the subsequent sale does nothing but confirm the fact that you have what it takes to be a successful entrepreneur under his own power.
Don't forget yourself either, though. People like you are the guys behind every success that happens. You've always been there to help. So thank you :)
Oh, sounds like you built an app and not a business! http://sahillavingia.com/blog/build-apps-not-businesses/