1] Due to legal reasons as the dollar amount was not publicly announced among other terms agreed upon, I would prefer not to disclose the business name here to avoid any repercussions.
2] If you count from the first line of code written till acquisition... 25 months. If you count from public launch till acquisition... 21 months.
3] We weren't looking to sell. Things just happened that way and the overall reason for selling is a lot more complicated than I'd like to dive into at the moment.
4] Total acquisition valuation was $15M. Since we didn't raise outside capital (no angel or VC investments), there was no dilution. There were two cofounders (myself and one friend) and two early hires that were vested. If it matters, we were cashflow net positive at the time of acquisition with over a dozen employees.
I did some entrepreneurial kid stuff at 12 but first real company was at 16. That said, the option for 16-20 and 20-25 are messed up. I assume it was meant to be 21-25.
Yeah, I'm just picking up new programming languages, learning hardware, and doing various other things at the moment for the sake of learning and mostly just to kill time. I don't have the financial woes anymore but I can understand where you're coming from. There are actually plenty of ideas to make money but that isn't a motivational factor for me. I just want to work on something I personally find exciting.
Look at companies you like and look at the job listing there. There isn't really a super comprehensive list. It's much easier to find companies you like and join them. Also to note, unless you're willing to relocate, you might have to see what is available in your area.
Personal opinion but internship experience is probably going to be better at a startup. Now if you were looking for a job, then it'd probably depend heavily on what your goals are but given the short amount of time an internship generally lasts, you'd do better with startups.
It wasn't in there. Your email is missing as well. I just updated.
Personally I'm not big on ideas that absolutely require scale to succeed. As for market, it really depends on the market and idea as a whole. I prefer consumer facing companies that are not vertical specific.
There were multiple reasons but ultimately it was an interesting problem we were solving among various other factors. Your email is not in your profile but if you want to connect, I'm pretty open.
Neither. It was originally developed as a solution to solve my own problem. The intention was never to create a startup out of it. It wasn't until a few months later that someone pointed out that I should run with it as a startup. The rest is as they say, history...
I've tried this but not very many people know what bugs them and the ones that do (albeit few) are things I probably don't want to do. But I greatly appreciate the brainstorming.
2] If you count from the first line of code written till acquisition... 25 months. If you count from public launch till acquisition... 21 months.
3] We weren't looking to sell. Things just happened that way and the overall reason for selling is a lot more complicated than I'd like to dive into at the moment.
4] Total acquisition valuation was $15M. Since we didn't raise outside capital (no angel or VC investments), there was no dilution. There were two cofounders (myself and one friend) and two early hires that were vested. If it matters, we were cashflow net positive at the time of acquisition with over a dozen employees.