When someone offers cash in the current economic scenario, do not think twice. Accept it if it is X times the money and effort you put in it, where X is something you (as a team) are comfortable with.
The next 3 years are going to be really bad from an economic point of view and there is a distinct possibility (Probability > 0.91) that such an opportunity may not come your way again, however good you and your product are. So dilute your expectations, negotiate hard and take cash. Do not take stock or anything equivalent. And execute a good exit strategy. A business is only as good as the cash it generates and the sooner the better.
Slashdot Mirror
When someone offers cash in the current economic scenario, do not think twice. Accept it if it is X times the money and effort you put in it, where X is something you (as a team) are comfortable with.
The next 3 years are going to be really bad from an economic point of view and there is a distinct possibility (Probability > 0.91) that such an opportunity may not come your way again, however good you and your product are. So dilute your expectations, negotiate hard and take cash. Do not take stock or anything equivalent. And execute a good exit strategy. A business is only as good as the cash it generates and the sooner the better.
The rest is polemic.
Good Luck