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Check out this ad for buying Avecora OnDemand - http://www.dealasite.com/buy-sell-website-16385.html http://www.dealasite.com/buy-sell-website-16385.html Inter
by JimmyL 17y ago
Check out this ad for buying Avecora OnDemand - http://www.dealasite.com/buy-sell-website-16385.html http://www.dealasite.com/buy-sell-website-16385.html
Interesting quote: I'm selling a startup of mine, Avecora OnDemand. We currently have no customers, so this is purely a technology sale. It is the result of hundreds of hours of work.
Considering it's got a listing price of $10K, and that this deal is announced as "cash and equity", I think it's safe to assume that the acquisition was for <$10K. I'm also curious what Mark will do staying on as CEO - if it's solely a tech sale (as the listing suggests) and there are no customers, his role will be...transitioning the new developer(s) onto the system?
Not to diminish Mark's work, but this sure sounds like a small payment to buy some technology, and a press release to make both parties sound like much larger entities than they are.
- ashishk 17y agoThat's actually pretty funny-- nice find. @markbao, no one can deny that you are on the right path for success... but it's important to realize that transparency and modesty are more important than talent. save the TC post* for your first 7 figure sale =) *http://www.techcrunch.com/2009/08/26/branchr-advertising-acquires-crm-tool-atomplan/#comments http://www.techcrunch.com/2009/08/26/branchr-advertising-acq...
- lrm242 17y agoI'd say TC got hoodwinked on this one. Must have been a really slow news day. +1 on getting press, though :).
- fallentimes 17y agoIt all comes back to this: http://news.ycombinator.com/item?id=756529 http://news.ycombinator.com/item?id=756529