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Maybe it is to the point now where it is disingenuous for a company NOT to have a banner on every page stating if they are open to investments or acquihire? At
by justauser 14y ago
Maybe it is to the point now where it is disingenuous for a company NOT to have a banner on every page stating if they are open to investments or acquihire? At least users would know there is an intention/desire/dream to head for greener pastures if given the chance.
It is quite alright to disclose as a small business owner that things are slow or somethings are not quite going to plan. If you've got a userbase that loves your product, it is amazing what goodwill can do to help find a solution.
You guys go realize that it is ok to dissolve a company and in the case of a software company, release or open-source the code right? If the service was popular, someone will pick up the torch and carry on with it.
- mikeash 14y agoShouldn't that banner just be implied? Yes, company X is open to investments or being acquired if the right offer comes along. This should not be a surprise to anyone. Should we require employees to wear a sign to work everyday saying that they will leave their job for a better one if the right offer comes along?
- justauser 14y agoIs the size of a diamond on a wedding ring a similar comparison?
- mikeash 14y agoCan you explain what you mean? I think I have an idea, but I don't know if I'm thinking what you're thinking.
- justauser 14y agoSure, it wasn't meant to be snarky. I think a lot of folks simply have vastly different measurements for success. Some think it is binary meaning either total success or total failure. Others define multiple levels of success. Tie money and success together and the resulting discussions can be quite inflammatory. I've seen a few folks chime in here already that one of the reasons they work for themselves is that for them freedom is greater than money. Not everyone agrees with that but wouldn't some personal and business interactions benefit from a bit more transparency of goals or stated missions? If you want to shoot for the stars, financially speaking or regarding market coverage, then tell me. That's great and I applaud your enthusiasm. If you are happy just providing reasonable service and expect to make a reasonable return then tell me too. At least that will allow me to make a somewhat informed decision about possibly interacting with you. Don't make us guess as most people are terrible gamblers.
- mikeash 14y agoCertainly people have different goals and ideas for what constitutes success. However, any company is for sale for the right offer. Conversely, any company looking to sell will turn down an offer that's bad enough. The owners may to even know what sort of offer they'll accept or reject until it's made. So, I don't know how you could add the proposed disclaimers, or how they would be useful. I'm not sure how any of this relates to wedding rings, but I assume that's not too important anyway.
- justauser 14y agoMy S Corp. is not for sale. Neither is my 501c3 which will dissolve with my passing. Can you explain to me how "any" company is for sale for the right offer? The diamond ring is a silly simplistic example of where some people don't have a price. If my spouse has a 5 carat diamond band, does she subscribe to some idea that if a 6 carat diamond ring were offered by someone else then that must surely be a better opportunity and "sell out?" Some individuals don't have have a price for some things in life.
- mikeash 14y agoSo if some company you really admire offers you a billion dollars and total freedom to do anything you want, anything at all, you'd turn it down? Why?
- justauser 14y agoMy work is my life and hence my 501c3. Either I'm fulfilled that I'm able to "do what I want" or I'm just a stick in the mud. I also don't plan to retire. We can substitute work/employment for anything that you value. Family? Religious/spiritual beliefs/non-beliefs? Are you saying you'll stand for some value/idea/principle...up to a certain price? Nothing is verboten?
- mikeash 14y agoI can understand not selling out if you don't like the conditions. But if the conditions allow you to do whatever you'd have done anyway, why not?
- meta 14y agoI think almost every company would have to have such a banner. Everyone has a price. Even Marco ("and they didn’t want to pay enough"). Some prices are higher than 'the market' wants to pay right now but that doesn't mean there isn't one.
- Domenic_S 14y agoYep. If I offered Marco $500MM with the sole condition that I could take the Instapaper source code and live stream my burning it with a blowtorch, I think we can safely say he'd take the money.
- justauser 14y agoA private company probably. If a public company were to do that, then I think the shareholders might not agree with your opinion. But who knows, along comes Microsoft who can write off huge amounts like the $6.3 billion for aQuantive.