It is certainly one of the toughest decisions the CEO has ever made.
In general, the transfer of the company or the continued independence of the company involves a number of factors, most of which are unpredictable factors.
If you're the founder of the company, it's not hard to make decisions based on reason.
Yes, the problem is much simpler as long as it doesn't involve emotion.
Unfortunately, the transfer of companies is often a mixture of emotional and personal factors.
Transfer type
In order to facilitate the discussion, I would like to introduce three ways of transferring technology companies:
Talent and/or technology.
This refers to the transfer of a company's technology and/or talents.
This type of transfer costs $500~ $5,000.
Products.
Transfer only one company's products, not transfer business.
The acquirer will sell the existing product in combination with its marketing capability.
This type of transfer costs $25 million to $2.5 billion.
The business.
Transfer the main business of the company.
Acquirers will measure the value of each other's companies, including products, sales and marketing, not just people and technology.
This type of transfer is usually based on financial indicators, which can be a shock (such as Microsoft's $30 billion bid for yahoo).
The main thing I want to discuss here is the third category: business transfer.
In addition, there are issues relating to the transfer of products.
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