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All the current members would be committed to working for the new company. "Hired" is probably the right word, but with a huge bonus, which you typically will not get by directly going for a job. Heck, none of the startup CEO's I work with would probably even look at my resume, if I had submitted it through normal channels. However, now I can call them or IM them and talk.

We probably bring more than just the tech skills. Building a team and delivering projects is not easy. It is about 10 times harder than I initially thought. I now have much more respect for all the small independent software consulting shops.

These thoughts actually started in my mind after I saw two ROR firms that recently got acquired. I think LivingSocial acquired one of them. That and the fact that we are not making enough money to justify the hours we put in. Slowly coming to the realization that I might not be tha good of a businessman.

Ask HN: How do you go about getting your startup acquired

I run a small consulting shop focussed on building mobile apps (iPhone, Android, BlackBerry). Luckily I have been able to work with some of the best startups in the Bay Area. My team is less than 5 and geographically spread out, while I live in Bay Area.Unfortunately, we are not making a lot of money, but are able to work with well known up and coming startups. We will be a good acquisition...

( Read More... | 7 comments | 7 points | on HN )