[exogeny]

Investors will always tell you that they want big multiples on their investment in order for their fund economics to work. They are right. They will also however concurrently never, ever be mad at someone for returning their money. (And in doing so, you'll be able to raise money again, much easier.)

The harsh criticism against acquihires is mostly reserved for companies who raise too much, too fast and/or lavishly waste money and opportunities available to them. That doesn't sound like you at all.