AIThe hurdles to selling a startup instead of shutting it down
A user drawing on personal acquisition attempts says finding a buyer is hard—and a letter of intent still doesn’t guarantee a sale.
TLDR
Selling a startup is far harder than big acquisition headlines suggest, a user argues, citing their own attempts and friends’ experiences. They point to risks for buyers, lengthy due diligence and layers of approval at large companies as obstacles—even after a letter of intent. The user also praises Pulley for transitioning customers to Carta, calling it a “soft-ish landing.”
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The hurdles to selling a startup instead of shutting it down
A user drawing on personal acquisition attempts says finding a buyer is hard—and a letter of intent still doesn’t guarantee a sale.