is someone actually interested in acquihiring me?

Twitch
hjju

Go to company page Twitch

hjju
Apr 17 16 Comments

one of my projects recently gained attention from VCs and a niche domain in the tech industry.

now I've started trying to raise funding from VCs.

however an existing company approached me and I am chatting and getting to know their team and they have compelling arguments why it's easier and better to just join them and build my product with them.

do you have advice on how to value acquisition price for a preseed crypto project that is pursuing a ~20-30M valuation? (no users, only mvp built)

any advice would be extremely appreciated

I'm interested in both options currently and am talking with all parties to learn more

#startup

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TOP 16 Comments
  • IBM
    ymDp24

    Go to company page IBM

    ymDp24
    I would say if you are young and wanna really go on an adventure go the vc route. That way you learn how to run a company and not just build a product
    Apr 17 2
  • New
    wLXM11

    New

    wLXM11
    This is semi common, they aquhire you. You can still negotiate salary/bonus for existing IP you have developed. It might not be 'the dream' but your chance is success is much better with a team and i would assume their $$ behind you. Either way best of luck
    Apr 17 3
    • Coinbase / Eng
      coinbaes

      Go to company page Coinbase Eng

      coinbaes
      any priced seed round from a VC in the current climate would range from 10-20M valuation unless you’re very well known in the industry/had successful exits in the past

      source: I was going through a seed round before deciding not to raise
      Apr 17
    • Twitch
      hjju

      Go to company page Twitch

      hjju
      OP
      yes you're def correct, do you mind sharing what did you instead of raising and how it turned out?

      i know it's too early and my post lacks info but would it be fair to price an acquisition 5-10% of the valuation, for a product with no users yet but an MVP built (product) and attention from big players in the crypto ecosystem?
      Apr 17
  • Investment Bank
    Glinda

    Investment Bank

    PRE
    HP
    Glinda
    I work in software M&A. If you are just in the design phase of your product, without a customer base, it will be easier to be acquihired.

    The hard part of building a tech business is not the product as much as business plans, infrastructure and sales & marketing that lead to customer acquisition.
    Apr 17 1
  • Hire me boi
    Apr 17 2
  • New
    SbXD00

    New

    SbXD00
    No.
    Apr 17 1