Ask HN: My partner and I were offered to close our startup...
6 points| koichirose | 14 years ago
A little bit of background.
Us: two tech co-founders.
Our startup: a non-funded fashion directory service. It started as an exercise to learn new programming languages. This project isn't a money maker yet, but it helps with paying the bills. Given some money (mostly for marketing) we believe it could become big.
Them: two apparently successful non-technical guys. They sold their last startup to an important player and this new project already has some funding going on.
They would hire me and my friend full-time if we close our current website.
Or, I could try to suggest a part-time and continue to work on my startup, maybe connecting the two if needed (since they'd like to drop some of our features - we'd keep them alive in the old website and build some kind of collaboration).
Any advice?
Thanks
donw|14 years ago
"Shut down and work for us" isn't an offer, it's a threat.
DevX101|14 years ago
Until they bring cash/equity to the table, I wouldn't take the offer seriously.
koichirose|14 years ago
My plan would be: accept what they have if good enough, keep my startup, ask for equity in a while.
imjonathanlee|14 years ago
bluesix|14 years ago
koichirose|14 years ago