How does one get acquired

Posted by canwest on Friday May 06, 2011 @09:56PM
from the self-post dept.

I have a semi successful startup that generates around $650k yearly in profit, I have lost ALL interest in running this business (think Tony Hsieh running Link exchange) I have been running it for 3 years. I have contacted (via email) most websites in similar industries for an acquistion, without much success.

Do you think I should contact a bank or contact VCs to see if they can find us someone that can sell this company for us?

( 5 comments | 4 points | on HN )

Re:How does one get acquired by lostbit on Saturday May 07, 2011 @12:05AM (#2523185)

Have you tried? https://flippa.com/ http://www.dealasite.com/ http://www.websitebroker.com/ http://sitepointmarket.com/

At least Flippa was mentioned here some times. I don't know how theses sites deal with as 650k/year site, but you are trying many options, I guess...

There is also the old discussion about a site value: http://news.ycombinator.com/item?id=355627

PS. You could have added "Ask HN:" in your title. That would probably attract more people to answer you.

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Re:How does one get acquired by staunch on Friday May 06, 2011 @10:37PM (#2523095)

Just an idea: you could possibly find a VC interested in letting you cash out some money and hire a new CEO.

An investment banker is worth a shot, but for something this (relatively) small it might not be too attractive for the best firms.

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Re:How does one get acquired by Zelex on Friday May 06, 2011 @09:57PM (#2523049)

Contact a investment banker. Where are you located?

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Re:How does one get acquired by andrewstuart on Friday May 06, 2011 @11:33PM (#2523148)

What sort of business is it?

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Re:How does one get acquired by canwest on Friday May 06, 2011 @11:10PM (#2523126)

in toronto

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