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It's up to the founders to judge a good exit or not. They are the ones who built the product and they know if the offer is good enough based on their product an
by bond 16y ago
It's up to the founders to judge a good exit or not.
They are the ones who built the product and they know if the offer is good enough based on their product and their lives.
I just don't understand the flak founders get when they sell. Tell others is bad to sell without knowing the dynamics of the company and founders is not the way to do it.
People have different expectations from life and their work. One thing is growing a business and having no problems with money and feeling good about it and having no plans to sell, other is building a business and trying to make a living off of it. If you get a good offer and meets your expectations is reasonably that you would sell.
Ultimately is up to the founders to know what to do with their product and we have nothing to do with their decision because we aren't part of the business.
If the product goes to the basement after being acquired that gives the rest of us an opportunity to build another better than the one who was acquired. The founders have done their job and it's time to move on and think about a new idea.