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If you were offered 50 million $ for your company right now, would you exit?
How much do you love your business?
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Johannes Kraus
Is this a question everyone can answer? If you are on the way to a unicorn okay you can say no because you are convinced. When you are early stage (as the most products are here) you should always take the money - because you can just build a similiar/ equal thing, with 50m early stage investment then :-D
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A friend from college (she was 22 then) was offered $1M to sell her EV business. She was so passionate about it and not even considered it for a second. Now, 4 years later, she has grown the business in the US and is featured as one of Forbes's 30 Under 30.
Money is money, but the passion is the way leading you to even more money.
@busmark_w_nika Not hundreds of thousands of followers (yet!) But she has pretty good attention on her profile: https://www.linkedin.com/in/seli...
This would be enough money for me to never worry about finances again, and still afford me to start several other businesses.
@slimmy82 That's right! And have the capital to bootstrap as much as needed which changes the game completely.
Absolutely as I have just launched! I would take it and use my platform to invest in real estate lol
@busmark_w_nika I need to spend time studying the markets to understand. As well and tax implications for me since I live in the US.
I'm a dreamer, but I'm not crazy (yet). Without a live product and any revenue, of course I'd sell for $50M!😎 PS: I'm open to offers in that range
@busmark_w_nika YES! It literally would be my first purchase.....you know to help me get around faster to take care of more important tasks 🤣🤗
I think I would give it up, I can achieve great things with this product. Moreover, money is not the main thing in this life. I love my product and have no desire to give it up for more money.
It kinda depends. If I were offered this much of an amount, I'll analyze the value and based on that will take the decision.
