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Ask HN: Big company approached our stealth startup – what to do?

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Re: Ask HN: Big company approached our stealth startup – what to do?

#81
post #70

Earlier quoted context omitted.

@mblevin completely agree with you. Bigco will take its own sweat time to close, so better focus on product launch and have parallel discussion on acquisition.

Parallel tracks is very tough for a 3 person team and not sacrifice the product.

@ryanhuff ya, can understand. then 1 person can focus the discussion and other 2 can be on product. I know easy to tell, but really difficult to practice. :(

Re: Ask HN: Big company approached our stealth startup – what to do?

#82
post #70

Earlier quoted context omitted.

@mblevin completely agree with you. Bigco will take its own sweat time to close, so better focus on product launch and have parallel discussion on acquisition.

Parallel tracks is very tough for a 3 person team and not sacrifice the product.

BigCo know this too :)

Re: Ask HN: Big company approached our stealth startup – what to do?

#83
post #12

Absolutely resist the urge to dazzle them with your technical prowess. THEY WILL STEAL YOUR SHIT. I will not point fingers at any specific companies since I have no interest in being sued, but I have had technologies stolen by 5 different public technology companies. In my case, I even had patents filed. It won't save you because they'll take the customers in the mean time while you're waiting the years for your pate…

>I have had technologies stolen by 5 different public technology companies No second thoughts after the 4th time?

Most of it happened within a 6 month window when we were getting serious traction and stealing big customers.
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