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It's easy to say they want to buy you out but it could just be a ploy to delay your launch until they can get their product out the door. Unless they're willing
by doctorwho 15y ago
It's easy to say they want to buy you out but it could just be a ploy to delay your launch until they can get their product out the door. Unless they're willing to put cash in your hand today, don't stop for anything. Talk to them for sure, but don't change your strategy or release plan for anything.
- achalkley 15y agoThey offered six figures but we politely said we weren't entertaining any offers at the moment and that our main focus is in launching and promoting our app for the foreseeable future.
- mapster 15y agoTell them you are moving full steam ahead unless they plunk down x% of proposed buyout figure.
- doctorwho 15y agoAnother option you might want to think about is licensing your engine to larger outfits (and/or this company that has approached you). You would basically give them access to your back end and iPhone app and let them integrate it with their offering. Instead of a one time cash hit you get recurring revenue and you can deal with multiple online dating sites offering them a new service they can offer their customers.