Ask HN: My partner and I were offered to close our startup... | Hacker News Reader

Ask HN: My partner and I were offered to close our startup...

6 pointskoichirose7 comments

... to go work on a similar service for another startup.

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

How about offering them the opportunity to buy your company as a talent acquisition?

"Shut down and work for us" isn't an offer, it's a threat.

You guys could probably find a job without too much trouble. So if all they're offering you is a job I'd say no.

Until they bring cash/equity to the table, I wouldn't take the offer seriously.

A job (especially if well paid) is what I'm looking for right now, to actually pay the bills.

My plan would be: accept what they have if good enough, keep my startup, ask for equity in a while.

I believe in trusting your own ability when it comes to startups. It's nice to work for someone, but it's not your product. I'd definitely go for working part time or even full time but keeping your site on the side. I dont think that you should have to give up your website to work for someone.

By "similar service", do you mean direct competition? If so, I'd stick with what you're doing (esp if it's paying some bills) - it's obviously got traction. And you can't beat being your own boss.

Not properly direct competition. They want to build something else (a social game) but in the same field.

> Our startup: a non-funded fashion directory service. ... > They want to build something else (a social game) but in the same field.

This reminds me of luckychic.com guy that PG talked to at TehcCrunch office hours. http://techcrunch.com/2011/05/25/absolute-must-watch-office-...

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