>If the firm was totally worthless then generally no one would be calling anyway.

Sadly, not so. Especially in a bubble.

Internet history is littered with the wreckage of Big Corps divisions that paid well over the odds for Small Corpses.

Corp Dev may be serious, but that doesn't mean they know what you're worth. No one may know what you're worth - not even you.

But a Corp Dev offer gives you a market estimate, which is the next best thing.