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Post-Deal Best Practices In the Socialize Acquisition by ShareThis

This post is a work in progress, since we’re just now selling our company Socialize to ShareThis. I also wrote about how the experience feels, and what getting a deal done is like.

One of my goals is to ensure a successful outcome from the deal. I'll start by defining what I mean by "successful outcome:" That the combination of the two companies produces more value together than we would have been able to achieve alone.

The first thing I did was start writing an Integration Document with my co-founders when we signed the term sheet. This document laid out the specific goals of the acquisition, the resources we had at our disposal, and the key items we would need to request to achieve those goals. Once we had co-edited that document in Google Docs to a point where we were all satisfied with it, I shared it with the ShareThis executive team.

I had already discussed and gotten agreement from Kurt, the CEO, on what the main goals of the acquisition were pre-term sheet. In the integration document, I outlined how we were going to prioritize those goals, and what resources we were going to put into them to achieve the goals.

The Most Important Thing in The World

On Tynan

A couple weeks ago I did an "I Am A" on Reddit about being a former pickup artist, which meant that thousands of people could ask me questions about it. And they did. The questions flooded in faster than I could reasonably respond to them, which meant that sometimes I didn't answer in as much detail as I should have.

In a hurry to finish a question I wrote "There's more to life than picking up girls, of course, but I'd say that social skills are probably THE most important thing in life."

It struck me as an obvious statement, one that wouldn't need justification even if I had the time to provide it. Some people agreed, but a couple violently disagreed with me.

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