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by jordanthoms 4004 days ago
Many of the startups selling to megacorps where the product dies would have been dead in short order anyway, and I wouldn't assume everyone is getting a big payday.

It doesn't seem totally unreasonable to me for failing startups to sell to a larger company and (hopefully) extract some of the value left in it for shareholders and employees - I just wish that with that the acquiring companies would do more to support the customers of the startup with reasonable shutdown notices etc. Unfortunately nobody involved has a very strong incentive to do so.

1 comments

It would be easier to stomach if the announcements read more like what you said and less like "we are so excited to share the wonderful news that we got bought out and don't have to serve you anymore."