4 ms·
Another sad moment for the London startup scene as one of the most promising startups of recent years get acqui-gobble-hired up by $BIGCO
by kami8845 10y ago
Another sad moment for the London startup scene as one of the most promising startups of recent years get acqui-gobble-hired up by $BIGCO
- deleted 10y ago[deleted]
- Spivak 10y agoFor most companies in the startup scene getting bought by a larger company that has the scale and resources to apply your tech to bigger and more interesting problems is the planned exit strategy.
- kami8845 10y agoWhile not 100% comparable this feels as weak a move as selling Facebook to Yahoo for $1B London needs strong, original startups. It's dire if you're looking for employment out here.
- zump 10y agoTheir product was only of use to a bigger company. Just like the slew of CV startups getting bought by Snapchat.