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Missing from PG's startup essays: acquisition negotiations strategy/advice?

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Re: Missing from PG's startup essays: acquisition negotiations strategy/advice?

#11
post #6

Funny you noticed that. There is one, but it's unpublished. I give copies to individual YC startups when the time comes.

Without revealing any trade secrets, is there anything you can say?

I just have no clue what to expect--I sit down at the table with a company that has expressed interest and ... ? Who says what first?

The reason I posted this here is because YC is in the unique position of having done this more than once. Especially the tiny startup/large company transaction.

Re: Missing from PG's startup essays: acquisition negotiations strategy/advice?

#12

This isn't a huge company acquiring, but we sold our first start up and are working on our second these stories might help. Part 1: Why sell a profitable site: http://blog.pretheory.com/arch/2007/08/why_sell_a_profitable... Part 2: Closing the deal Lessons selling a website: http://blog.pretheory.com/arch/2007/08/closing_the_deal_sell... Hope it helps, are you currently in negotiations? Verbal Agreement? Handshakes?

thanks...not currently in negotiations but i may be in the near future.

Re: Missing from PG's startup essays: acquisition negotiations strategy/advice?

#13
post #8
post #6

Funny you noticed that. There is one, but it's unpublished. I give copies to individual YC startups when the time comes.

That's great. I love the idea that there's a secret Paul Graham essay, one revealed only to initiates facing the ultimate test. A nice poetic touch, like the black t-shirts.

Me too. "When the time comes". Is there a ceremony?

Re: Missing from PG's startup essays: acquisition negotiations strategy/advice?

#14
post #13
post #8

Earlier quoted context omitted.

That's great. I love the idea that there's a secret Paul Graham essay, one revealed only to initiates facing the ultimate test. A nice poetic touch, like the black t-shirts.

Me too. "When the time comes". Is there a ceremony?

Everyone gathers in the middle of the woods with black hoods and candles then chants Paul Graham a thousand times.

Re: Missing from PG's startup essays: acquisition negotiations strategy/advice?

#15
post #13
post #8

Earlier quoted context omitted.

That's great. I love the idea that there's a secret Paul Graham essay, one revealed only to initiates facing the ultimate test. A nice poetic touch, like the black t-shirts.

Me too. "When the time comes". Is there a ceremony?

You have to snatch a pebble from Dexter's hand.
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