[bhousel]

I couldn't agree more. I almost wonder if we're getting trolled..

1. Maybe the poster is confusing profit with revenue?

2. Either way, it sounds like a bad deal..

3. And whatever the deal, you never want to discuss publicly until a contract is signed.

4. And of all places, especially not on the forum run by the VC..

The whole story is almost too crazy to believe.

[mahmud]

Yep, no one who has built a company that turns up $1M in profits, revenue, or event debt shows the same business mistakes as those in the post. Really, unless you have made a very specialized scientific or engineering product and sold it to one mega research lab for that much, you should have had enough business sense by now to know NOT to discuss deal terms in this manner. This is strictly something between you and your advisors/mentors.

Unless, of course, the posted already decided to reject the offer but wanted to capitalize on it with a publicity stunt.