3 ms·
Yes, thank you PG, it lands on the very day I'm supposed to have one of those meetings. But PG sold ViaWeb to Yahoo, didn't he? So if we shouldn't talk to Corp
by aragot 12y ago
Yes, thank you PG, it lands on the very day I'm supposed to have one of those meetings.
But PG sold ViaWeb to Yahoo, didn't he? So if we shouldn't talk to CorpDev, how should those deals happen?
- saturdayplace 12y agoThat's addressed in the essay: > It's usually a mistake to talk to corp dev unless (a) you want to sell your company right now and (b) you're sufficiently likely to get an offer at an acceptable price. In practice that means startups should only talk to corp dev when they're either doing really well or really badly If you're sure you want to sell, and are convinced you'll get the price you want, talk to them. Actually, that second qualifier seems REALLY useful here. I imagine that its easy for founders to get stars in their eyes about a potential acquisition. Forcing yourself to think rationally about what price you might realistically be offered might help you evaluate wether a meeting would be worth the time or just a distraction you can't afford.