Startup Acquisition and Next Steps?
I’m posting anonymously due to the confidential nature of my situation, but I wanted to share that the startup I work for is being acquired by a well-known tech giant.
As the head of the Accounting team, I’ve been deeply involved in the due diligence process surrounding this acquisition.
I’m curious to hear from others about how similar experiences have shaped your career paths.
I’ve been assured an offer post-acquisition, which provides me with a sense of security, so I’m not in a hurry to finalize details (though I know my role will definitely change).
My background includes experience at a Big 4 firm and in consulting, and this startup has been my first foray into the industry. Should I remain in the big tech environment to gain more knowledge, or consider moving back to a startup where I can leverage my acquisition experience? Alternatively, should I explore opportunities in consulting that build on this experience?
Ultimately, my goal is to maximize my earning potential and advance my career as much as possible, and I’m open to various paths to achieve that.
I’d love to hear your thoughts and experiences!
One response
Congratulations on the upcoming acquisition! That’s an exciting milestone for both you and your startup. It sounds like you’re in a great position to leverage your experience moving forward.
Given your background and the unique experience of being part of the acquisition process, you have several paths to consider:
Stay in Big Tech: If you choose to stay with the acquiring company, you might benefit from the stability and resources that come with it. This could give you a chance to learn best practices in a larger organization, expand your network, and position yourself for higher roles in finance or Accounting. Additionally, big tech companies often have ample opportunities for growth and career development.
Pivot Back to a Startup: Going back to another startup could be a great move if you enjoy the fast-paced, dynamic environment. You could use your experience from the acquisition to your advantage, as many startups value someone who has been through the due diligence and acquisition process. You may also find that this experience makes you a more attractive candidate for leadership roles or positions that require a deep understanding of what it takes to scale.
Consulting: Your combined Big 4 background and experience in a startup give you a unique perspective that could be very valuable in consulting. You could explore roles in firms that specialize in mergers and acquisitions, financial advisory, or even strategy consulting for tech companies. This path could offer diverse experiences and could help you build a strong network.
Consider Your Unique Goal: Since your ultimate goal is to create significant wealth, think about which path aligns best with that vision. Big tech might offer a steady paycheck and benefits that can contribute to your financial goals, while startups can offer equity with potentially high returns, albeit with higher risks.
Ultimately, assess what you find most rewarding in terms of work culture, career growth, and financial opportunities. Consider reaching out to mentors or professionals in these areas to gather insights and advice. Whatever you choose, it sounds like you have a solid foundation to build upon!