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Interesting point. I could also write "The Founder's Guide to Selling Your Company When You Have Few Options" based on my experiences. It is a much more horribl
by justin 9y ago
Interesting point. I could also write "The Founder's Guide to Selling Your Company When You Have Few Options" based on my experiences. It is a much more horrible process.
Re: why sell? 970 million reasons. Biggest one was that it seemed like good value for what we had.
Another reason: from my perspective (it may be different for other people involved) we were also at an inflection point where there was a steep power law distribution of people who owned content (game studios) and therefore a relatively small number of people had a lot of power over Twitch. Similar to Netflix pre-Netflix originals. That's not a good long term position to be in (hence Netflix originals). I think that's changed now for Twitch.
- AndrewKemendo 9y agoIt is a much more horrible process. Well exactly, which is why it's really valuable for founders in that position to lean on - much more applicable to the bulk of founders.
- plinkplonk 9y ago> I could also write "The Founder's Guide to Selling Your Company When You Have Few Options" based on my experiences. I hope you do this someday. It would be highly valuable to many founders.