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throw_away8585

4 karma · joined March 14, 2024

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throw_away8585··on Ask HN: How to sell your startup to FAANG and big companies?
Typically "Business Development", and you can try, its just a much bigger of a hill to climb. If they need people and have a choice between you and a VC they are connected with, they will choose the VC for future deals/investments.
throw_away8585··on Ask HN: How to sell your startup to FAANG and big companies?
You aren't going to like the answer, but the answer is they wouldn't be interested at all. For 100k you are basically just applying to the company, that amount of money for a startup isn't even on their radar. I've been apart of two startups that have been acquired by large tech. It's typically done one of two ways.

(1) For acquihires, it needs to be done through VC connections with the M&A team at the large company. And the prices are still in the millions.

(2) The M&A team seeks you out, because your product is either truly innovative, actually makes enough money that will make a dent on their balance sheet, or you have a very unique team, PhDs, well-known engineers, etc...

If you want to sell your company for 100k, I think your best bet is to go to well funded startups that need engineers, but if it's just you I think it'll be a tough sell.