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The internal post meet discussion will have stakeholders who say, "this technology is no big deal, we could build it in-house in six months." And yet it won't h
by banku_brougham 11y ago
The internal post meet discussion will have stakeholders who say, "this technology is no big deal, we could build it in-house in six months." And yet it won't happen because there's no resources available to allocate and the idea would probably not get prioritized above existing plans during the OP1/2 process.
So:
A: if someone tries to pressure you with the idea that your business is not innovative and 'we could build this ourselves' just say 'OK go ahead and hire those 10 engineers that pass the hiring bar, you have two months to get the OP1 document together, and btw who's going to own this and push this ahead of their current priorities, you?'
B: I don't see the benefit to sharing, please see the Silicon Valley episode where the Pied Piper engineers start white boarding during a meeting with investors.
C: BATNA. Know what this would be for your negotiating adversary. And know your own.
D: Be confident, be strong, don't show weakness (they would love that). It's likely the acquisition is the only way this becomes part of Amazon's business because they won't be building it unless they suddenly can hire enough people for all the other projects that are already approved.
Also, Amazon passing shouldn't be a usable sign to other investors, they pass on most things.
Good luck!