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You should probably try to get some competitive bids. If you have trustworthy contacts with any of your potential acquirer's competitors, call them and say "he
by shimon 18y ago
You should probably try to get some competitive bids. If you have trustworthy contacts with any of your potential acquirer's competitors, call them and say "hey, I got this offer from FooCorp and I haven't really thought much about selling the site, but it's not a bad offer and I'm wondering if you guys might be interested" and see what they say. Don't expect a binding offer right away, but see if you can get some idea of what a few other potential acquirers might be able to pay, or if they make jokes like "I couldn't acquire a pair of shoes right now."
Consider seriously that this is not a great time for acquisitions. Companies want to reassure investors and lenders that they have a safe amount of operating cash on hand, and any significant expenditures will be scrutinized today in a way that they would not have been a year ago. One guy I know who sold a moderately sized website a year ago at a price that made him quite happy thinks he'd only be able to get one sixth of that price today, if he could find a buyer at all. If you are happy continuing to work on the site for a few years, and your revenue projections are reasonable, you might want to hold on to it and see if things improve.