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Do you want to be the king or to be rich? Ask yourself that. If you merge with the company, you'll have a better shot at becoming rich, but dramatically lose yo
by imkevingao 16y ago
Do you want to be the king or to be rich? Ask yourself that.
If you merge with the company, you'll have a better shot at becoming rich, but dramatically lose your stake in your current product. If you want to be the king, then keep pursuing your own endeavor.
So think it over, and talk it over with your partners and determine your priority. If it's money, it'd be a better choice to choose to merge, if not, then why not take on more risk if you really believe your product? Your odds of getting venture backed is definitely higher since your competitor's offer, but at the same time, since your launch is no longer in stealth and you have raised your competitor's awareness, it'll be much tougher to grab market share.