Earlier quoted context omitted.
Yup. Acquired for $101M then subsequently shut down in 1-2 years (just kidding of course). I don't know if it's in my best interest to answer this publicly, but screw it. The honest answer is I'm not entirely too sure, but an acquisition is always on the table for any startup IMO. I think whenever you ask a founder, "If someone offered you $100M, would you take it?", it's a pretty loaded question. There's really thre…
> There's really three outcomes to a startup: They die, they get acquired, they IPO. There's a fourth: they serve the needs of their customers over the course of years and decades. which, as someone in the market for an email client I can fall in love with and use for the rest of my life; is exactly what I want.
Once you raise venture capital, you have to go big or go home, in the span of a decade. You don't have the "grow slow and stay private" option after raising a Series A.
That being said, this is just the current, common state in VC-backed companies. With the weak IPO market and hostile public environment that forces short-term quarterly thinking, we may see alternatives like formalized secondary markets. Perhaps companies like Uber will be able to avoid going public and still provide liquidity options for their early investors & employees.