4 ms·
My startup was acquired and it was fucking hell. Next time I get acquired I'll make sure to have everything in writing and planned for me to get out within one
by snarkypixel 4y ago
My startup was acquired and it was fucking hell. Next time I get acquired I'll make sure to have everything in writing and planned for me to get out within one year.
- synu 4y agoI think that’s a pretty reasonable plan, and I would do the same. I don’t want to end up with a large stake in something I don’t have a corresponding level of control over. Sticking around to hand things over smoothly makes a ton of sense, but transitioning from founder to middle manager at your acquirer is a nightmare (depending on your personality).
- dahart 4y agoThat’s a very good takeaway. I’m curious how you ended up being acquired without having everything in writing, and what hell ensued, can you share the story?
- leaflets2 4y agoWhat were the three worst things?