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Acquihire is about getting 'some' money but its not a successful exit.
by nazgob 12y ago
Acquihire is about getting 'some' money but its not a successful exit.
- oonii 12y agoSuccess depends on who you ask. This is failure for investors, but it might have netted the founders more money than they would have gotten if they exited another way.
- bhouston 12y agoSuccess is defined by the return, not the means of exit. To determine returns, you need to know how much was invested in nodejitsu and the sale price. I would guess in this case the sales price would be in the range of the low 7 figures??
- johnward 12y agoYeah but in the world of BS multibillion dollar valuations this is probably still considered a fail...
- Kiro 12y agoIf I could sell my company even for $10,000 it would be a huge success.