Acquire me? Shouldn't you take me to dinner first?
February 3, 2007 11:01 AM Subscribe
What happens when a big company is interested in acquiring a little online venture?
posted by anonymous to Work & Money (8 answers total) 4 users marked this as a favorite
I currently have a small online media project that flies under the radar most of the time. It's been building an audience steadily and has gotten some niche press attention. A high profile firm has contacted us to talk about acquisition possibilities and I have no experience in this area. I run this web thing out of my bedroom. I imagine I should lawyer up although I have no idea where to find a lawyer.
What can I expect from beginning the process? What will they ask me? What will they want to see? Anything I should watch out for?
It's a Web 2.0 thing that a few companies have expressed interest in. Other people have told me that I might be targeted for acquisition but I was a bit skeptical. I should have parked my skepticism earlier and have done more research, I guess. I'm still not expecting much. I just want to enter into this with my eyes wide open.
I can take more questions at email@example.com if I haven't provided enough info. Thanks MeFites.