Business Quote by Daniel Lyons
“Can anyone create an enduring business on the Web, where it's easy to build new companies, and when survival depends on the whims of fickle users? The big lesson of 'Digg' may be simply this: if someone offers you a ridiculous amount of money for a company that wasn't that hard to build, don't think twice. Take the money and run.”
About This Quote
Source Blog post: TechCrunch, 2008
Suggests taking large acquisition offers for web startups, as market whims make long‑term sustainability uncertain.
In simple terms: Sell when offered a huge sum.
Key Takeaway
Accept lucrative offers promptly.
Themes
entrepreneurship
technology
business strategy
market volatility
startup culture
Mood
pragmatic
advisory
cautious
Type
business
entrepreneurial
When to use this quote
- venture capital
- founder decisions
- exit planning
Key Concepts
acquisition strategy
valuation
user behavior
risk management
Questions to Reflect On
- When should a founder consider selling?
- How to assess true value beyond hype?
A Different Perspective
Relying on a single sale may limit future innovation; short‑term gain vs. long‑term vision.
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