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Ask HN: Sell my startup for $14M because I can't raise $2M?

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Re: Ask HN: Sell my startup for $14M because I can't raise $2M?

#21
Are you the sole owner? If so, take the $14m. Preferably (if you're not American) move to a country with no capital gains tax before selling. Make sure you make your windfall count. Invest the money well, enjoy life, and start something new in a few years.

Rome wasn't built in a day. Unless you're 75 years old, there's always another idea you can build into something huge.

Re: Ask HN: Sell my startup for $14M because I can't raise $2M?

#23
You don't mention the types of firms that have talked to you about acquisition (e.g. are they they types of "large companies" likely to be your customers, competition, or other). Depending on their motives for wanting to buy you outright, you might be able to suggest they buy part of the firm in exchange for a cash infusion. You might be able to run the same playbook with > 1 of them and solve your capital crunch for a while.

Re: Ask HN: Sell my startup for $14M because I can't raise $2M?

#25
If you are profitable and you think the industry is ripe for the taking, consider taking a loan. The downside is unlike VC money you will have to pay off the loans slowly.

Also, and I might be reading this wrong, looks like you haven't got much feedback on your deck and model. Consider getting some feedback including an industry expert.

Re: Ask HN: Sell my startup for $14M because I can't raise $2M?

#26
Your hardest decision ever: the balance between $14M in the pocket now which is more than 0.001% of Earths' citizens will ever have or potentially lose it all/win big depending on future uncertainty.

I'm really happy I'm not in your position but if I were I'd take the $14M. This is probably also why I'm not fabulously wealthy.

As far as the local venture scene is concerned: look abroad. US, UK, DE, FR all have lots (more than 1,000) active VCs in total, if your story is as good as you say then at least one of them should be willing to fund you.

Re: Ask HN: Sell my startup for $14M because I can't raise $2M?

#27
post #15

Off-topic: I thought that tracking email opening was no longer possible in gmail? My memory of it was that you'd insert an image and track whether that was retrieved, but that GMail started caching all images ahead of time for their users so you couldn't tell if/when it was opened. See, eg, [1]. Is that not correct? [1] https://arstechnica.com/information-technology/2013/12/gmail...

I configure all my email clients to not display external images and ask for confirmation if a RR is requested.

In the gmail web browser client, that is in the general settings:

(*) Ask before displaying external images

Re: Ask HN: Sell my startup for $14M because I can't raise $2M?

#28

A few things, though it's hard without much info (re: revenue/growth). Regardless: 1. A $14m sale is a huuuge win. You'd be set for life. A 100% likelihood of $14m is something that is difficult to turn down in almost any scenario. Even if you'd eventually make $50m, your life wouldn't change much from a net worth of $14m to $50m. You could buy a nicer jet? Let's say you take the $14m. Your life would (presumably) ch…

> A $14m sale is a huuuge win.

OP hasn't mentioned the current ownership structure. It may or may not be a huge win.

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