Ask HN: Pharmaceutical BigCo wants to acquire my iPad app. Advice?
Hey HN, throwaway account here. My partner and I created an iPad app and it's been pretty successful (especially considering it was only a 4 week investment). The app is in the top 100 US & China, covered by NYT, ABC, Gizmodo, etc. Now a BigCo Pharmaceutical is asking to buy the app (not the company), code and all. They want to rebrand it and re-release it as one of their products. We are an LLC, but we didn't take any funding, so we don't have any "advisors" as such. We're technicians, not lawyers, and we are more or less clueless on the best way to go about negotiating (and closing) this deal. What advice can you give us on negotiating? Are there any HNers out there that have been through this sort of mini-acquisition before that are willing to reach out to us? (please comment and I'll ping you via my normal account). Have any good links to read? A few details you might want to kno
Why it failed
Hey HN, throwaway account here. My partner and I created an iPad app and it's been pretty successful (especially considering it was only a 4 week investment). The app is in the top 100 US & China, covered by NYT, ABC, Gizmodo, etc. Now a BigCo Pharmaceutical is asking to buy
- Kind
- startup
- Status
- Shut down
- Inventor
- luckyclueless
- Ended
- 2011
- Source
- hackernews