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According to Paul Graham, a polite but short refusal: http://paulgraham.com/corpdev.html . Well, unless you know you're ready to sell.


This person seemed ready to sell, and was interested in having discussions to that end, so that advice isn't of much assistance there, unfortunately.


He shouldn't be, because his business is growing and about to achieve success, but is not yet worth much. There is no way he gets a fair evaluation based on being popular for a few days.


Some people are happy to take a $1M payout over the chance there'll be a $1B payout in a decade.




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