Hacker News new | past | comments | ask | show | jobs | submit login

If you want a job at a FAANG and can justify your skills, apply to the FAANG.

If you want to sell your SaaS for $100k and can justify that price, list it with a small business broker.

That's not "merger" or "acquihire" scale, it's a portfolio or retirement purchase for an entrepreneurial tech person or a retired high-income professional type.




I totally get your points and 100% agree.

I just don't really understand what do those high school kids- or college kids-made B2B startup or even social apps/productivity tools or whatnot saying "aquired" on their LinkedIn. And justify their "successful" entrepenuerial stories.


I think maybe you're reading a bit too much into the "acquired " label. Frankly, being "acquired" doesn't mean a whole lot.

For example we once bought a company (2 employees, around 30 customers) for a tiny amount of money. We wanted the two people, and since they were in our space we converted about half the customers to our product offerings.

We paid less than 1 month's salary (for the two emps). Given that the business was trading with not-much revenue (never mind "profit") any PE multiple would be outrageous.

Technically they could describe a successful acquisition, at a huge PE on LinkedIn. But in real money terms it was peanuts.

So all I'm saying is that "acquired" can be a whole range of outcomes. Don't get bogged down by other people's stories. Rather work on your own story.

As others have said, figure out your goals, and work towards those. Don't worry too much about the journeys of others.


Thanks that makes sense. And you worked for a PE or enterprise I assume?




Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact

Search: