[patio11]

I wish you, the author, and everyone else happiness. I am really not trying to convince you of the moral righteousness of the VC value system, which I don't participate in directly. I'm just trying to explain accurately how it actually functions: anyone who says that VCs are aiming for acqu-hire exits is mistaken. Don't believe it, don't repeat it, don't make consequential decisions based on it: it will not end well!

[jacquesm]

VCs tend to like acquisitions like that a lot more than they do outright failures, especially if they get some or all of their investment back. Same player shoots again.

Think of them as the emergency landing instead of as an alternative exit and it may start to make more sense.