Have questions you wish you could ask the pro’s? Well, today is your day. I reached out to some of my favorite entrepreneurs and startup advisors to see if they had time to take some calls. Feel free to reach out to them directly. The only thing I ask:
- Have a focused and specific question
- Keep your calls under 10 minutes
Be sure to share this post with your startup friends … I’m not sure how long they’ll be available.
… then don’t sell your company.
As an Entrepreneur we wake up everyday to solve problems that we see in the world. We solve those problems by creating an environment that excites us. We hire the smartest people we can find, build the most amazing products/solutions for these problems, for customers (hopefully like us) that we absolutely love. This is what makes us happy. We certainly don’t do it for the money, because for the average startup, there’s no money to be made. If you sell your company, it’s likely one – if not all of – these things won’t be true.
People say that companies don’t get sold, they get bought and I couldn’t agree more. On October 4th, 2011, my startup (Flowtown) got acquired and I wanted to share some thoughts on how things came together. First off I wanted to personally thank Steve Anderson, Tim Young, Alex Bard, Tony Conrad and Leonard Speiser for their time and advice throughout our process. It definitely takes a village. So, with that – I’ve taken some time to reflect on things that worked for us and compile a list of tips that might help you if you plan at some point to exit via an acquisition.
There must be something in the air because over the past 3 weeks I’ve gotten 30+ emails from startups that are actively looking to raise $500K+ and want “advice”. Well, here’s my advice.
Go out there and make some money!
The New Art of Launching with Tony Conrad from Tech Cocktail on Vimeo.
Tony Conrad the co-founder of about.me and a founding Venture Partner at True Ventures shares his insights and perspectives on launching a product today through people and relationships verses five years ago.