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Any way to proof that the author actually sold his company by a better price than initially said? Otherwise it's just a bad sci-fi. What I learned from this st
by pelasaco 3y ago
Any way to proof that the author actually sold his company by a better price than initially said? Otherwise it's just a bad sci-fi.
What I learned from this story? You're always the bad guy in someone's story. Specially if this someone has a blog, time to blog and get linked to HN.
- regularjack 3y agoI think you just outed yourself.
- pelasaco 3y agolol what? It's just that every story has two sides. Back in the days I had a small ISP and we engaged someone to sell it. In my opinion it was the best ISP in the world, in his opinion (seller) it was just one more product that he was selling. So i can imagine that other people selling their company feel like their are selling their own baby, and that's their baby are super special, but for people doing M&A, it's like selling used cars.
- suprjami 3y agoThere's a difference between your business being just another business, and your broker intentionally under-valuing your company so that their own acquisition farm can acquire you cheap then flip you for the actual market value and pocket the difference. The first is a reality of business. The second is a conflict of interest, immoral, rude, and should be illegal.
- suprjami 3y agoThe asshole was not named so the negative effect on the person is zero. The author clearly states the moral to not work with people where the alarm bells are ringing.
- pelasaco 3y ago"Don't work with aholes" is assuming the premise that the author himself isn't not the ahole in the story. If his company was so good, why he wanted to sell it in first place?
- suprjami 3y agoThis person decided to start a company and sell it as an income stream. They wanted a fair price for their labour. They got that fair price in the end so their argument is justified and correct.
- pelasaco 3y ago> They got that fair price in the end so their argument is justified and correct. You don't know! Just because it is written in the internet, doesn't mean that it is true. That was the only thing that I asked/complained in my first comment. Without any proof, its just a fanfiction. Internet content.