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I'd love for someone to keep track of how long founders stay at their acquirer. Anyone know if this data exists for technology acquisitions?
by jbyers 17y ago
I'd love for someone to keep track of how long founders stay at their acquirer. Anyone know if this data exists for technology acquisitions?
- joshu 17y agoI bet on average it's just a little bit past the end of the contract, for contracts that are > 6mos. If it's the kind of company that people don't leave, they might not specify a long contract. I also suspect it has to do with what kind of leadership the founders have after they are acquired. It's very, very tough to go from a founder that runs a company to being eight down from the acquiring CEO and having every decision triple-guessed by middle managers. (I'm increasingly a believer in that ribbonfarm article about corporate structures. Using his jargon: someone who was once a Sociopath has to report to a Clueless.)