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How do you know they are not looking for an exit strategy? They have stopped aggressively hiring and buying startups. Their new product launches and innovation
by electic 10y ago
How do you know they are not looking for an exit strategy? They have stopped aggressively hiring and buying startups. Their new product launches and innovation has been minimal. Their market is largely commoditized.
Secondly, they have raised a ton of VC cash and those VCs are looking for an exit. So keep the company cash flow positive makes it look very attractive for larger companies and especially PE firms.
- pm90 10y agoFrom what I've heard, they have been more focused on selling to Enterprises...as they should. There are only so many people who can be paid customers; Enterprises provide a much more predictable (and larger) stream of revenue.