[javanissen]

They ruined it! Pre-acquisition Heardle played the song from the beginning immediately after you finished guessing. Post-acquisition, you had to open the song in Spotify which introduced a lag of several seconds. The immediate visceral reward of playing the game disappeared.

[mnd999]

Pre acquisition it was based on Soundclouds most popular 250, and most of them were well-known enough to be guessable.

I've no idea what source they switched it to, but there's a lot of obscure songs which makes it a lot less fun.

[domh]

Yeah I used to get it maybe 70% of the time in the first few seconds, and I just played it today and I have absolutely no idea what this song is. The main difference between Heardle and Wordle for me is that with Wordle you can sit there thinking on it for a bit and come back and you may have a new guess. With Heardle I either know it or I don't, I'm not gunna suddenly realise what song it is 5 hours later.

[mnd999]

Like today’s. No clue.

[domh]

One thing they also broke was the ability to press the skip button whilst the song is playing, and have it carry on playing to the new skipped point without completely restarting. If I dont know it in the first 3 seconds, it's annoying having to listen to that whole chunk again before hearing the 4th second.

[Varqu]

I will never understand why most of Big Tech acquisitions end up with a shutdown. (same for Google, FB, etc, apart from a few outliers)

Like: They could just buy a controlling stake, let it run by the original team and just add some cross promo to their main product.

[rvnx]

It's an open secret; this is how VCs never lose:

When a large fund has exited a successful public company, they will use their influence on the public company to convince the successful entity to purchase the failed ones.

This is a way to keep the machine going at the expense of the investors in the public company (they are holding the bag now anyway), and this way you always have a positive track record as a fund.

Sometimes, when influence is not enough, purchases can involve kickbacks to members of the board to make sure they are convinced that it's the right choice to do.

[lotsofpulp]

> When a large fund has exited a successful public company, they will use their influence on the public company to convince the successful entity to purchase the failed ones.

Why would a fund have any influence on a public company that it does not own shares of?

[rvnx]

The actual influence that a fund has on a company is not necessarily tied to its shareholding, and this is a major glitch:

1) Some individuals may retain significant amount of voting rights, that is not proportional to their shareholding interest.

    Of course they shouldn't be accused of breach of their fiduciary duties, nor get a claim of waste of corporate assets.

2) Institutional fund holders may not vote in favour of their shareholder's interest

    The people casting the votes during corporate actions are not necessarily the ones who hold the shares.

3) Close relationships

    When you are board member in company A, and your friend is in company B. You can help him with A, and he is going to help you with B.

4) Corruption

    Sometimes founders don't get the exit that they expected, and such arrangements are a good way to get extra money.

    Board members may consider themselves underpaid as well.

5) Pressure

    We won't give you debt financing if you don't use part of that money to purchase our other company on the other side.

    I may sue you for sexual harassment if you don't convince the board to attribute me additional RSUs.

Probably many other ways.

This is why some acquisitions are total non-sense or over-priced, the same way that some employees are simply overpaid for no reasons other than being close to the board.

You see the same mechanisms with governments purchasing useless businesses.

A less extreme example than an acquisition that still gives you an idea of misalignment of interests between shareholders and board members, you can see in a video here:

https://www.quimbee.com/cases/espinoza-v-zuckerberg (the video is actually cool and easy to understand)

"We now grant RSUs to new directors who aren't Facebook investors or employees" ...

Just one example among many.

I like this topic, because it pushes you to do better due diligence on public companies, as some companies are really wasting company money, that it could feel intentional.

[comte7092]

Ostensibly, the size of these social circles is fairly small.

[Mathnerd314]

If they ruined it, then a new clone could probably do well. Probably a fun weekend project for someone to reimplement it.

[ianferrel]

They also weirdly broke something that made it reliably play. Pre-spotify it would reliably play the first X seconds. After Spotify sometimes it would play less than that, which made it harder and less reliable.