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This is good advice OP. I'm 28, have co-founded three startups, first one was "acquired" for the technology for an "undisclosed sum" (we all know what that mean
by Ixiaus 12y ago
This is good advice OP. I'm 28, have co-founded three startups, first one was "acquired" for the technology for an "undisclosed sum" (we all know what that means). I used to feel a little weird about it too, particularly because it chased the splitting of my cofounder and I; ya know what though, I built that technology and it was valuable enough to one of our customers to buy it.
That is definitely more than most founders can say. Don't let startup hype get to you.
The parent commenter said something else I want to echo: take some time and learn from other leaders right now, make money, get a good emergency fund AND a "startup fund" built. Get your hands dirty in other businesses and see what they're using spreadsheets for and what they are doing repetitively -- that's where you'll (most likely) find your next product opportunity.
- chubot 12y agoI don't :) What does "undisclosed sum" mean? Does it mean you got a year's salary, 10 years', or a nominal sum like $1 for the tech and a job?
- Ixiaus 12y agoI legally cannot talk about the details of the acquisition, but it usually means "not glamorous" :) There's much more to the story, I had blogged about it but svbtle deactivated my account for no reason and is unreachable. If you're really curious about the story I'd be happy to converse privately over email.