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Ask HN: Pursue Acquisition as Stealth Startup?
1 points by ecmrthon 3171 days ago
We are a small startup in stealth mode. We are in talks with signing up our first customers but it is slow. I notice that some startups (ie. Periscope) have been acquired pre-launch. How did this happen? One of our advisors is very close with the CEO of a major tech company and has mentioned that our product is right in line with the CEO's pet interests. He’s offered to put us in touch with the CEO. Wondering if this is a good idea and would like to hear from anyone who got acquired like this. How did it happen? How much were you offered? How do we know if it's an acquihire or a real acquisition? How long did they offer you to vest? How did you protect yourself from getting ripped off by the huge company when you don’t have any market share? Just wondering if this is something we should pursue.