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At that scale you can definitely get acquihired (hired + a starting bonus) as an engineer - if THEY find YOU. Best way to do that? Market presence! If you don
by nicodjimenez 8y ago
At that scale you can definitely get acquihired (hired + a starting bonus) as an engineer - if THEY find YOU. Best way to do that? Market presence!
If you don't want to run your company anymore, selling the company might be more trouble than it's worth. You won't get THAT much cash for it, and you might end up at a engineering job that doesn't suit you, with golden handcuffs so you don't leave. That's the risk. After you're done working at the acquiring company, you'll just be another engineer, with a nice extra line on your resume most engineers don't have.
On the other hand, at the acquiring company you could find a business cofounder and if you want to, start another company, with more cash in your pocket, and more credibility with investors. That's the upside! But you'll be assuming that you're going to have a better idea in the future than the one your currently have.
Anyway this is all hypothetical. If you want corp dev people to find you, you need visibility in the marketplace. That means SEO, blog articles, etc.
- mi100hael 8y agoI was with you until > But you'll be assuming that you're going to have a better idea in the future than the one your currently have. "Ideas are cheap, execution is everything."
- tango24 8y agoNot sure what you mean here? Your comment seems to support the OP’s premise.
- mi100hael 8y agoThe "but..." phrasing of OP's premise makes it sound like a gamble. My point was that starting a successful business isn't about hoping some fairy grants you a perfect product & business plan. Coming up with an idea is the easy part. Executing on your idea is the hard part, and that's entirely within your own control.
- nicodjimenez 8y agoI completely disagree. Ideas are extremely important. A mediocre idea with perfect execution won't get you very far. If Bezos had tried to build online store builders ala Viaweb - instead of THE online store - he would have a net worth at best of 1/10000 of where he's at now. Good ideas are exponentially better than mediocre ideas.
- mi100hael 8y agoFounders of billion dollar businesses are extreme outliers with uncommon vision & a healthy dose of luck. Besides, Yahoo bought Viaweb for about $50MM, and Shopify is a billion dollar company of its own. If $10MM or $50MM isn't successful, then I'll be happy to fail.