HNadvice

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by HNadvice 6y ago
Update 3/10: After more dialog, the acquirer updated the offer with a $50K rev share minimum at the end of year one and $25K rev share minimum at the end of year two with the sentence "assuming you are still employed with [acquire
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by HNadvice 6y ago
Yeah, when we spoke over the phone there was no mention of a revenue share time period. It was only after I received the written offer that they stipulated revenue share is granted for the first 365 days. I did ask them if there are opportu
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by HNadvice 6y ago
Update 2/28: Thank you all for your comments. I did receive an updated offer letter today that writes out that the minimum revenue in year one will be $50K. There is no revenue share after year one so I just asked if a revenue share ca
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by HNadvice 6y ago
Thank you for your reply. The acquirer found me when they were searching for companies that offer this particular niche of data they have small amounts of. I am not the only game in town and companies in this industry have varying amounts o
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by HNadvice 6y ago
Valid point; I'm considering it because my current employment has its own issues I wouldn't mind leaving behind and because new parenting & family responsibilities have limited my time to work & grow the side project.
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by HNadvice 6y ago
Thankfully the side project's costs and expenses are of little significance. The acquirer does have an existing marketing team so it may be advantageous to have their resources if scale increases.
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Ask HN: Am I blowing an acquihire offer?
17 points by HNadvice 6y ago|36 comments