Beware of fishing expeditions
BeyondVC
OCTOBER 31, 2005
A number of our portfolio companies have been fielding calls from strategic buyers expressing an interest in acquisition. This is great news since many of the better acquisitions come when companies are bought and not sold. For a startup, it can be quite flattering to have a large competitor or suitor express an interest in buying your company. However, as an entrepreneur you have to be skeptical as many of these calls end up as just another fishing expedition from the strategic buyer.
Let's personalize your content