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5 karma · joined February 28, 2021

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HNadvice··on Ask HN: Am I blowing an acquihire offer?
Update 3/10:

After more dialog, the acquirer updated the offer with a $50K rev share minimum at the end of year one and $25K rev share minimum at the end of year two with the sentence "assuming you are still employed with [acquirer]". The base salary still remains $25K lower than my current base salary.

Also, my current employer just informed me that they will not be providing / continuing my pay during my paternity leave; I will just receive FMLA coverage and PFL through the state of California. Due to this, I did ask the acquirer for part-time work so we identified a project I can work on but they haven't provided any payment / salary information.

HNadvice··on Ask HN: Am I blowing an acquihire offer?
Yeah, when we spoke over the phone there was no mention of a revenue share time period. It was only after I received the written offer that they stipulated revenue share is granted for the first 365 days. I did ask them if there are opportunities to extend the revenue share beyond 1 year but no response yet.
HNadvice··on Ask HN: Am I blowing an acquihire offer?
Update 2/28:

Thank you all for your comments. I did receive an updated offer letter today that writes out that the minimum revenue in year one will be $50K. There is no revenue share after year one so I just asked if a revenue share can be provided after year one.

HNadvice··on Ask HN: Am I blowing an acquihire offer?
Thank you for your reply. The acquirer found me when they were searching for companies that offer this particular niche of data they have small amounts of. I am not the only game in town and companies in this industry have varying amounts of this niche data.

I was excited to hear from their CEO and flattered to receive an offer but lost some of the excitement when that offer came $25K less than what I make now. If I hadn't heard from the acquirer, I would just continue my full-time job until I go on paternity leave in a couple months.

HNadvice··on Ask HN: Am I blowing an acquihire offer?
Valid point; I'm considering it because my current employment has its own issues I wouldn't mind leaving behind and because new parenting & family responsibilities have limited my time to work & grow the side project.
HNadvice··on Ask HN: Am I blowing an acquihire offer?
Thankfully the side project's costs and expenses are of little significance. The acquirer does have an existing marketing team so it may be advantageous to have their resources if scale increases.