4 ms·
Yeah, but if I get aquihired, I just got PAID. And all altruism aside, that's why I own a company. If I wanted a simple life, I'd get a job. I want to shoot for
by themartorana 12y ago
Yeah, but if I get aquihired, I just got PAID. And all altruism aside, that's why I own a company. If I wanted a simple life, I'd get a job. I want to shoot for the moon, even if I miss it.
Let's say my company is doing $1M/year in revenue. My burn is $60k/m for salaries and servers and whatnot, and look, we're decently profitable, as far as jobs go. According to startup valuations, my company is worth $3-5m, minimum. If I get an aquihire offer for $5m, I'm taking it. I'm a millionaire now! My family won't want for anything, and the constant risk I assume is gone. I can pretty much start ANYTHING new now, because I've had a successful exit, and the world is my oyster.
I DO care about you, my customer, but I care about me and my family's future more. So let's stop being butt-hurt when someone makes some coin for working hard. It's the exit we wish we had.
- zaroth 12y agoIf you want that 3-5x multiplier your growth rate better be at least 70% YoY and stable. If, however, on the way to $1M/year in revenue your growth rates the last 4 years were 250%, 100%, 70%, and 55%, a realistic multiplier is more like 2-3x.
- eps 12y ago5x multiplier is pretty standard regardless of the growth rate. For non-software industries it applies even if the growth is flat.