Startups Anonymous Est. 2013 · Read-only archive
Confessions

Sold startup for a small amount. Fortune 500 emailed me a few days later requesting a meeting regarding acquisition. Forwarded it to the new owner & went back to my job hunt. FML.

8 answers from the community

AAnonymous· Dec 8, 2014

Was this the marketing automation listing?

AAnonymous· Dec 9, 2014

Sorry to hear about the unfortunate timing but I think a LOT of us here would be interested to learn about your experience as well as why you sold and the outcome.

AAnonymous· Dec 9, 2014

Take your money, deposit it in a foreign bank overseas. Tell them you spent it, nothing to worry.

AAnonymous· Dec 9, 2014

If you sold for a small amount, it was not worth more. Fortune 500 would have noticed during due diligence. Don't regret anything. In a few months, you will know if your buyer became billionaire or totally depressed after knowing another point of view about his acquisition. I bet on the latter. You should do the same and live happy now.

AAnonymous· Dec 20, 2014

+1

AAnonymous· Dec 10, 2014

You should take the meeting with the Fortune 500 and they may have a job for you... building a better version of your past company.

AAnonymous· Dec 31, 2014

A guy who can build a project that got noticed by fortune 500, i guess you already know what you have to do. Tell the fortune 500 that i already sold it, but i can build another one much better, as you already know what lack in your previous application & only you can beat your own game, because you know your application inside-out.

If they don't agree, say, you buy that shit & play with it, later only to see me with the better version launching in the market. And also you have very great ideas to promote & functional scale up versions of the same Application.

Best of luck! ;)

AAnonymous· Jan 7, 2015

Hey- You built something that others wanted. congratulations !

do it again