4 ms·
I wish people were more open about their acquisition prices. An entire generation of entrepreneurs could be inspired if only they could see the potential upside
by abhinai 8y ago
I wish people were more open about their acquisition prices. An entire generation of entrepreneurs could be inspired if only they could see the potential upsides of doing a startup.
- tjoff 8y agoI don't think that the goal of a startup should be to get bought. The upsides of doing a startup are many, being bought and seeing your baby/hobby being ruined outside of your control is torture.
- AznHisoka 8y agoI am sure 99% of people would sign up for the latter immediately if they were promised a good sized payout. Torture is a gross overexaggeration.
- tjoff 8y agoIt really isn't an exaggeration and can lead to depression. It doesn't have be bad though, but if you are in a good place and enjoying the work and are making a profit anyway, then there's perhaps not that much to gain from selling.
- Hydraulix989 8y agoUsually not being open means that the price was only high enough to repay the investors.
- rongenre 8y agoOften the price isn't published because it's very low (like $0 low). Most of the staff gets to keep their jobs, and founders get to claim a "successful exit".