Techcrunch and the morals of selling a company

Wait till Arrington starts to tout the sale of Techcrunch then it will be ok.

Martyn, I think the point being made in the article is not a moral one but a commercial one. As I read it, the Techcrunch article is highlighting the belief that a structured sales approach makes for a more efficient and ultimately more financially rewarding process for someone that genuinely wants to sell. (as opposed to someone else expressing an interest to buy your company and you talking with them).

This comes down to one’s perception of whether DIGG is proactively initiating a sale or reactively discussing an offer - I don’t know but perhaps your sensitivity comes from some inside knowledge ?

Hi Martin,

Love your blog since it changed it’s design! now is much more easier to read! one thing I would like tough, is reading about the process of selling a company. The Techcrunch post talked about “investment bankers” to put together a pitch; is this something you do to sell a company?

I mean, I would love to read more here about the process (in your experience) start-ups need to do to go from start-ups, to big million dollar companies.

You sold a good bunch of business in the past (amazing!!!!) and you must know the right and wrong decisions on having someone (group or one person) to invest in your business; how do you move once you have your business working? you give them a call, you email them, you wait for them at the exit of a restaurant, etc?

That’s what can help so many start-ups out there… to know past experiences of persons that went there, and did that.

It will be interesting! glad to read your posts every day!

Javier

IMHO, Michael Arrington didn’t intend to criticize digg founder’s behavior. from lots of posts Michael wrote about digg, Michael likes Kevin Rose very much. perhaps Michael wants to suggest Kevin should think bigger and longer just like facebook’s Mark Zuckerberg who can turn down many times temptation. from this point, I appreciate Michael very much. Michael really hopes Kevin can be a very great entrepreneur.

John,

Maybe it´s being an entrepreneur in Europe that makes me look at certain type of articles as coming from a moralistic angle. Many European journalists have criticized me in the past for selling many of my start ups and the more $ i got for them the worse of a person I was. Maybe I misread Michael Arrington´s criticism and he would actually be pleased if Jay and Kevin sold Digg for a good price.

Keanu,

As I said it may be that as read from Europe I misunderstood his post as a post against an entrepreneur shopping a co around.