It's a rare founder who has no offer he'd take. In fact, if you have shareholders or employees with options, and someone makes you an offer that's significantly above the expected value of your company, fiduciary responsibility requires you to take it.
You can bend this requirement to some extent by overestimating your expected value, but there is always some number you'd have to take.
It's a rare founder who has no offer he'd take. In fact, if you have shareholders or employees with options, and someone makes you an offer that's significantly above the expected value of your company, fiduciary responsibility requires you to take it.
You can bend this requirement to some extent by overestimating your expected value, but there is always some number you'd have to take.