2 ms·
I agree. Don't screw this up by taking the wrong approach. Remember the HN article about the one guy who tried to negotiate his sneaker deals by himself and o
by steve8918 15y ago
I agree. Don't screw this up by taking the wrong approach.
Remember the HN article about the one guy who tried to negotiate his sneaker deals by himself and overplayed his hand and lost out twice.
https://news.ycombinator.com/item?id=3466887 https://news.ycombinator.com/item?id=3466887
The company offering to buy you can't make an offer or even a ballpark offer because they have no idea what your company is actually worth. It might be a mess of Visual Basic code behind the scenes, or it could take 10 people to keep the server running, etc. Also, you could be faking your revenues, so they can't put any offers down before they know you're for real.
I would suggest contacting a lawyer who is familiar with this and getting a good understanding of what your risks are by disclosing this information, but you also don't want to scare off the buyer.