this post was submitted on 13 Jul 2023
65 points (94.5% liked)
Asklemmy
43916 readers
1033 users here now
A loosely moderated place to ask open-ended questions
Search asklemmy ๐
If your post meets the following criteria, it's welcome here!
- Open-ended question
- Not offensive: at this point, we do not have the bandwidth to moderate overtly political discussions. Assume best intent and be excellent to each other.
- Not regarding using or support for Lemmy: context, see the list of support communities and tools for finding communities below
- Not ad nauseam inducing: please make sure it is a question that would be new to most members
- An actual topic of discussion
Looking for support?
Looking for a community?
- Lemmyverse: community search
- sub.rehab: maps old subreddits to fediverse options, marks official as such
- !lemmy411@lemmy.ca: a community for finding communities
~Icon~ ~by~ ~@Double_A@discuss.tchncs.de~
founded 5 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
Somebody offered to buy the company I founded....and we sold it!
Was a fun experience to go through and now I have a decent nest egg to fall back on in case something else I do doesn't work out.
It was mostly luck, but the company that bought us still uses the product today, so I guess it was a good deal for all involved.
How old was the company? What industry? How many staff? Much revenue?
I want to get started on something, but there seems to be a well established and well funded competitor operating locally for every bloody idea haha
I feel you, I just started my second venture and it's a doozy trying to find that sweet spot of new idea and something someone will actually buy/use.
To answer your other questions: about 2 yrs old, healthcare technology, like 4 of us, minimal revenue but growing 20% or so MoM. I would have classified us as an early stage startup. If we didn't get acquired, we probably would have tried to raise a seed round soon after.