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Re:Ask HN: Early startup valuation for acquihire? by vonklaus on Sunday July 12, 2015 @02:44PM (#9874429)
This seems like a good answer. I would add that you should be somewhat tactful until you have a suggestion of terms. The "give us a number" doesn't seem serious and it would be wise not to release financials, code and strategy until things become serious and it is evident they are negotiating in good faith.

edit: I had a total brain malfunction as pointed out below. Do not be candid, use skepticism and protect your private information.

Re:Ask HN: Early startup valuation for acquihire? by carbocation on Sunday July 12, 2015 @03:19PM (#9874561)
> somewhat candid until you have a suggestion of term

"Candid" here might be a typo or might not be the word you're looking for. "Cautious" seems to be more fitting for what you're saying in the rest of the sentence.