Hacker News new | ask | show | jobs
by marto1 463 days ago
> had a great product

> We got acquired

Can I just ask about the reason for this? Was it owners wanting off the ride?

1 comments

Owners made half a billion and got high-ranking positions at the buyer.

Buyers bought it because they had a very specific problem that the product was designed to solve, and thought that it would be a competitive advantage to deny the solution to their competition. On paper, it was a good decision.

Classic capitalist efficiency right there.