| » Private companies can sometimes get away with it, as long as the people backing them don't start to see them as investment vehicles like any other public company. I don't know if anyone has any chance if Stack Exchange can't stay independent. Like the product was arguably "done" years ago if you ignore monetization. » As you may have seen in the news this morning, Prosus (AEX:PRX) has announced its intention to acquire Stack Overflow for 1.8 billion dollars. https://stackoverflow.blog/2021/06/02/prosus-acquires-stack-... » Today we’re pleased to announce that Stack Overflow is joining Prosus. Prosus is an investment and holding company, which means that the most important part of this announcement is that Stack Overflow will continue to operate independently, with the exact same team in place that has been operating it, according to the exact same plan and the exact same business practices. Don’t expect to see major changes or awkward “synergies”. The business of Stack Overflow will continue to focus on Reach and Relevance, and Stack Overflow for Teams. The entire company is staying in place: we just have different owners now. » This is, in some ways, the best possible outcome. Stack Overflow stays independent. The company has plenty of cash on hand to expand and deliver more features and fix the old broken ones. Right now, the biggest gating factor to how fast we can do this is just how fast we can hire excellent people. https://www.joelonsoftware.com/2021/06/02/kinda-a-big-announ... |
Sometimes I wonder if the people writing these are actually as oblivious as they sound or is they're self aware enough to now be using this verbage to actually be messaging the exact opposite, given how many times this has been written and shown to be false, no matter how much people want it not to be.
Does anyone actually believe that SO isn't beholden to the owning entity, and that no control will be exerted?