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Acquisition offer talks should not be taken seriously unless the interested party is willing to put something in writing. That also includes some sort of financ
by pryelluw 7y ago
Acquisition offer talks should not be taken seriously unless the interested party is willing to put something in writing. That also includes some sort of financial benefit to you in the case the deal falls through.
I would not take offers without such conditions seriously.
In regards to YC, how can joining an accelerator that opens a valuable business network be anything but a benefit?
- snisarenko 7y agoI want to add to this comment. Previous HN discussions on acquisition have talked about asking for a non-refundable negotiation fee (a certain percentage of your approximate valuation). Acquisition is a distraction, and in a lot of cases falls through. You need to make sure the other side is serious about the aquisition Found the HN thread: https://news.ycombinator.com/item?id=22013700 https://news.ycombinator.com/item?id=22013700 And the related article https://baremetrics.com/blog/i-almost-sold-baremetrics-for-5m https://baremetrics.com/blog/i-almost-sold-baremetrics-for-5...
- aliomrani 7y agoGreat Point. Thanks.