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Ask HN: Buyout offer 2 weeks into our startup – what do we do?
Hi guys. I run http://uselio.com (have posted about it here), a leadgen tool. After our explosive early growth we have already received a fairly sizeable (6 figure) buyout opportunity.
We're very new to all this, and although we're confident our product is easily the best in the market, it's hard to turn down such a significant opportunity so soon into the business.
Any suggestions?
- dylanhassinger 8y agotake it and start something else
- bigiain 8y agoUnless you're _super_ excited about your current thing, there's a lot of merit in this advice. If you've seriously only put 2 weeks work into this idea, and you've got a offer that'll give you many months of free runway with another idea - it is very likely worth cashing out now (even if for no other reason than to be able to add "successfully executed and exited a previous startup" on your future resume/bio/pitchdeck)
- freeslugs 8y agothis genuinely looks like a dope product.
- yowza 8y agoSell