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by linuxdude314
2431 days ago
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They should have accepted the buy out offer when they had a chance, but were arrogant and insisted that their valuation should be greater than VMWare at the time. Of course this never really made much sense if you understand the behind-the-scenes tech Docker uses. This is a great precautionary tale to founders and an awesome example of hubris at play. Docker's biggest problem was that they provided tremendous value with their opensource product, leaving few to have any justifiable reason to pay them money. They courted Riot Games for years, until finally they flat out told them they would never see a penny from them. There are many things that can be learned from a business perspective here... |
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