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by dualogy 5919 days ago
"Never trust a startup with something important."

Well, startups aren't the only types of companies that get bought. Acquisitions are part of the markets and across all types of companies, big or small, young or old.

The only difference is that the tech startup scene is so very loud and vocal about all this. In other markets, it's maybe a side notice in a rarely-read corporate newsletter. Nobody cares except for the individuals directly involved.

Ultimately, the bulk of these M&As happen not because a product is to be destroyed but in order to take it to another, subjectively "higher" level. It's the same here. Whether that happens, as always, remains to be seen, but both parties were willing to try.

1 comments

Many companies get bought for their products or assets. Some get bought for their customers. Only very few get bought exclusively to hire people. I do follow other industries as well and this is definately unusual.