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when Dave says "sell out early" (and says "firesales don't count), he's talking about sales < $250M as "early", not $xxx,xxx or sub 5M deals.
by drusenko 17y ago
when Dave says "sell out early" (and says "firesales don't count), he's talking about sales < $250M as "early", not $xxx,xxx or sub 5M deals.
- ErrantX 17y agoI know but the same principle stands, it's just a different scale :)
- jacquesm 17y agoNot sure about that. When I see the word 'sale' and 'exit' together in one sentence only to find out after a lot of digging that we're talking about a < $50K deal its painting a bad situation as a win-win. It means that a startup has basically failed, that there may be some technology that can be recycled or that the founder has enough street creds that they can convert their failed startup into a signing bonus and call it an acquisition.