Ask HN: Company wants to aquire my website. Can you give me some advice?
A company has been interested in acquiring my website and I'm looking for some advice from the HN community.
They turned down my initial offer, but expressed interest in negotiating a deal where they pay less up front and then continue to pay me based on growth. I would continue to work on the website and be paid as a contractor.
My website would become part of their large network of high traffic websites and through cross-promotion they say they could drive a lot of new users to my site, which I don't doubt, as my site fits in very nicely with their network of sites.
I'm looking for any examples of how a deal like this could/should be structured. Obviously I'm not going to be paid based on a percentage of pageviews, indefinitely. Should I propose we set up a number of traffic milestones and be paid when a milestone is hit? I understand it's hard to give advice without details, but some general advice and precautions would be very helpful. Has anyone here done a deal like this before?
They turned down my initial offer, but expressed interest in negotiating a deal where they pay less up front and then continue to pay me based on growth. I would continue to work on the website and be paid as a contractor.
My website would become part of their large network of high traffic websites and through cross-promotion they say they could drive a lot of new users to my site, which I don't doubt, as my site fits in very nicely with their network of sites.
I'm looking for any examples of how a deal like this could/should be structured. Obviously I'm not going to be paid based on a percentage of pageviews, indefinitely. Should I propose we set up a number of traffic milestones and be paid when a milestone is hit? I understand it's hard to give advice without details, but some general advice and precautions would be very helpful. Has anyone here done a deal like this before?