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by duxup 2686 days ago
I worked for a company that was old but had a fancy new product. It was just about to be released when....

A competitor bought us for stupid money. They fired most folks (not my small department) had their CTO decide between our fancy new product, and the product he created. There was no question, our product was amazing, his Frankenstein was two pieces of equipment cabled together in three items the footprint ... and still did less, and was quite a ways away from being "ready".

If there was a silver lining, the Frankenstein product doomed that company and we got bought by the far more competent competitor they had.

1 comments

Happy ending.
It's surprising how that works. I've been through numerous mergers, acquisitions, been in the company acquiring a company.

Lots of hair pulling and I can say that it was really hard to predict the outcome for any individual positive or negative in every case until long afterward.