Back
Keshav Tayal
Founder, trnch • 3m
UPDATE: We got an offer to get acquired. The past month has been crazy for us. -- Quick Context: We were approached by someone we had previously worked with. We had a long conversation, and he suddenly asked about our vision for YourWebsite.shop And boom - he asked if we wanted to get acquired by his company. Initially, we were overwhelmed by the offer and were excited to make it happen. However, after internal discussions with the team, we realized that the long-term goals of that company didn’t align with ours. We didn't take the offer, even though it would have been a seven-figure deal - almost 2x our ARR. Even getting an acquisition offer was very overwhelming for us. This means we have actually created that amount of value out there. -- One thing I’ve learned the hard way: you can join a company as an employee, but being part of the founding team, building an idea, or getting acquired to build someone else’s vision can only happen if you are 100% aligned with it. Even if it’s 99%, I would say recheck - because when you're in the middle of the desert, and the work is sucking every drop of energy from you, you would give up.
Replies (54)
More like this
Recommendations from Medial
Download the medial app to read full posts, comements and news.