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Let's see, you have a business that's growing and you have the opportunity to sell it for for 6 figures but you know that it may be worth 7/8 figures in a few years.
What do you do? Take the money now or wait and see what happens?
One of the stories that comes to my mind is Friendster who was offered $30 million from Google in 2003 and turned down by thinking that it would be valued in billions years later.
Well that didn't happen and they ended selling Friendster for a price under $30 million.
Have you guys thought about this?
Wallflower at the Web Party - New York Times
Friendster Valued At Just $26.4 Million In Sale
What do you do? Take the money now or wait and see what happens?
One of the stories that comes to my mind is Friendster who was offered $30 million from Google in 2003 and turned down by thinking that it would be valued in billions years later.
Well that didn't happen and they ended selling Friendster for a price under $30 million.
Have you guys thought about this?
Wallflower at the Web Party - New York Times
Friendster Valued At Just $26.4 Million In Sale
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