Hacker News new | ask | show | jobs
by enjo 5667 days ago
+1. On more than one occasion I've seen startups flounder around during acquisition negotitions without actually pushing forward. 6 months later they're in trouble. I've even seen big companies use these negotiations as a stalling tactic.

Don't let it happen. Keep your foot on the gas, and make them put-up or shut-up. Get a letter of intent straight away. Due diligence isn't an excuse to stall. Negotiate a schedule and stick to it. If they can't meet their end (without obvious good reasons) forget it and move on.