Ask HN: My company has been acquired and I'm kicked out. What should I do now?
31–40 of 198 posts
Re: Ask HN: My company has been acquired and I'm kicked out. What should I do now?
#32Re: Ask HN: My company has been acquired and I'm kicked out. What should I do now?
#33I don't think that it's been a net financial win (yet), but I really think it was worth it to experience other parts of life that I'd been ignoring when I had my nose to the grindstone and had tunnel-vision induced by that business. If anything, it would have been better to branched out sooner!
If you truly feel like a failure, try moving abroad for a few months. Meet and talk with people you never would have in your own country. See how they see life. Listen to their stories and their goals. You might be surprised to find that you're not the failure you thought. You might also discover opportunities to take advantage of your skills that you had never considered before.
Re: Ask HN: My company has been acquired and I'm kicked out. What should I do now?
#34Well, my latest startup failure left me with around $50k personal debt, some legal pursuits, expired residence visa in the country I lived in, and a 3 months old baby daughter to care and provide for. And right, no job and no upcoming interviews. I am sorry for a probably uninvited comparison — I am not implying that my situation is harder, and I know that burnout is a serious shit. It takes months to recover. Some t…
> Well, my latest startup failure left me with around $50k personal debt, some legal pursuits, expired residence visa in the country I lived in, and a 3 months old baby daughter to care and provide for. I'm having trouble imagining a scenario where the last item is really a proximate consequence of the startup failure (rather than a bit of context that makes the problems that are such consequences more acute.)
That's pretty easy for me. Let me try to give an example: start-ups are really hard on relationships, starts-ups that are failing and that you are trying to save doubly so. There is a small chance that that led to relationship issues which in turn led to OP now is a single parent.
There are lots of other explanations besides.
Re: Ask HN: My company has been acquired and I'm kicked out. What should I do now?
#35Re: Ask HN: My company has been acquired and I'm kicked out. What should I do now?
#36Re: Ask HN: My company has been acquired and I'm kicked out. What should I do now?
#37Well, my latest startup failure left me with around $50k personal debt, some legal pursuits, expired residence visa in the country I lived in, and a 3 months old baby daughter to care and provide for. And right, no job and no upcoming interviews. I am sorry for a probably uninvited comparison — I am not implying that my situation is harder, and I know that burnout is a serious shit. It takes months to recover. Some t…
> Well, my latest startup failure left me with around $50k personal debt, some legal pursuits, expired residence visa in the country I lived in, and a 3 months old baby daughter to care and provide for. I'm having trouble imagining a scenario where the last item is really a proximate consequence of the startup failure (rather than a bit of context that makes the problems that are such consequences more acute.)
Re: Ask HN: My company has been acquired and I'm kicked out. What should I do now?
#38Well, my latest startup failure left me with around $50k personal debt, some legal pursuits, expired residence visa in the country I lived in, and a 3 months old baby daughter to care and provide for. And right, no job and no upcoming interviews. I am sorry for a probably uninvited comparison — I am not implying that my situation is harder, and I know that burnout is a serious shit. It takes months to recover. Some t…
This is awesome advice for any situation brilliantly sumerized. Thank you!
Re: Ask HN: My company has been acquired and I'm kicked out. What should I do now?
#39Have you thought about doing some freelance work with other start ups? Maybe get a feel for different industries to see which one peaks your interest? Could be a great way to network and learn other industries!
Re: Ask HN: My company has been acquired and I'm kicked out. What should I do now?
#40If common stock is worth anything - you may want to talk to a personal lawyer about whether you qualify for double-trigger acceleration. This could be a good thing.
In this instance, with any sort of standard liquidation preference and dilution (i.e. 20% investor ownership), common stock was probably worthless.