Ask HN: How much did you sell your startup for?
1 comments
1] Due to legal reasons as the dollar amount was not publicly announced among other terms agreed upon, I would prefer not to disclose the business name here to avoid any repercussions.
2] If you count from the first line of code written till acquisition... 25 months. If you count from public launch till acquisition... 21 months.
3] We weren't looking to sell. Things just happened that way and the overall reason for selling is a lot more complicated than I'd like to dive into at the moment.
4] Total acquisition valuation was $15M. Since we didn't raise outside capital (no angel or VC investments), there was no dilution. There were two cofounders (myself and one friend) and two early hires that were vested. If it matters, we were cashflow net positive at the time of acquisition with over a dozen employees.
2] If you count from the first line of code written till acquisition... 25 months. If you count from public launch till acquisition... 21 months.
3] We weren't looking to sell. Things just happened that way and the overall reason for selling is a lot more complicated than I'd like to dive into at the moment.
4] Total acquisition valuation was $15M. Since we didn't raise outside capital (no angel or VC investments), there was no dilution. There were two cofounders (myself and one friend) and two early hires that were vested. If it matters, we were cashflow net positive at the time of acquisition with over a dozen employees.
open - are you still open to ideas and businesses? I am close to launch. email in profile.
looking for python hacker / entrepreneur / angel
looking for python hacker / entrepreneur / angel
[deleted]
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Lets keep the format simple:
Business Name/URL (if you want to put it)
# of Years you owned it
Amonut you were looking to sell for
Amount you actually sold for