4 ms·

I really dislike the X joins Y wording of these kinds of statements. Is Mapbox a league of companies in the mapping business? No. It's another company. Human wa

I really dislike the X joins Y wording of these kinds of statements. Is Mapbox a league of companies in the mapping business? No. It's another company. Human was acquired by, or maybe merged with, Mapbox. We cant we just say that? Is there actually a good reason not to?

nathancahill 10y ago
I tend to agree, but in this case, it sounds like Human will continue to be operated as a stand-alone app, so "join" is appropriate. I trust Mapbox more than most companies to follow through with that.
pveugen 10y ago
Paul, founder of Human here. We chose the term "join" because it really feels like we're joining forces. One of the reasons why are so excited about this is the cultural fit and shared vision between both teams. We started Human for a reason and Mapbox is just as mission driven. Glad that our team and app can now be part of that. Some more background on the why: https://www.mapbox.com/blog/human-mapbox/ https://www.mapbox.com/blog/human-mapbox/ I'd be happy to answer any questions.
- revelation 10y ago
  What an incredible journey!
- alexbeloi 10y ago
  Can you describe how money/shares/options get traded in a deal like this? Do you get cash for your shares/options or do you get shares/options in Mapbox or a mix of both?
  - pveugen 10y ago
    Yes, that's how it works ;). Unfortunately I can't share anything about the deal terms.
grinich 10y ago
Sometimes this language is used specifically when the acquiring company doesn't actually acquire them. Depending on the product/IP, sale price, investors, etc. it's can often be simpler to just extend the entire team individual job offers that include substantial bonuses and retention packages, rather than formally acquire the company and it's IP. This can be a really nice form of "soft landing" for a startup. It can usually happen quickly too, since job offers don't require board consent like legal acquisition. And unless it's a sizable return (>3x) most seed-stage VCs aren't going to squeeze to get their cash out. Everyone is happy in the end, and the startup's product also has a better chance of living on since the "acquiring" company doesn't actually take the IP. (I have no idea if that's what happened in this case. I've just seen it happen elsewhere plenty.)
mrfusion 10y ago
A human joined my company a few weeks ago.

nathancahill 10y ago

I tend to agree, but in this case, it sounds like Human will continue to be operated as a stand-alone app, so "join" is appropriate. I trust Mapbox more than most companies to follow through with that.

pveugen 10y ago

Paul, founder of Human here. We chose the term "join" because it really feels like we're joining forces. One of the reasons why are so excited about this is the cultural fit and shared vision between both teams. We started Human for a reason and Mapbox is just as mission driven. Glad that our team and app can now be part of that. Some more background on the why: https://www.mapbox.com/blog/human-mapbox/ https://www.mapbox.com/blog/human-mapbox/ I'd be happy to answer any questions.

revelation 10y ago
What an incredible journey!
alexbeloi 10y ago
Can you describe how money/shares/options get traded in a deal like this? Do you get cash for your shares/options or do you get shares/options in Mapbox or a mix of both?
- pveugen 10y ago
  Yes, that's how it works ;). Unfortunately I can't share anything about the deal terms.

grinich 10y ago

Sometimes this language is used specifically when the acquiring company doesn't actually acquire them. Depending on the product/IP, sale price, investors, etc. it's can often be simpler to just extend the entire team individual job offers that include substantial bonuses and retention packages, rather than formally acquire the company and it's IP. This can be a really nice form of "soft landing" for a startup. It can usually happen quickly too, since job offers don't require board consent like legal acquisition. And unless it's a sizable return (>3x) most seed-stage VCs aren't going to squeeze to get their cash out. Everyone is happy in the end, and the startup's product also has a better chance of living on since the "acquiring" company doesn't actually take the IP. (I have no idea if that's what happened in this case. I've just seen it happen elsewhere plenty.)

mrfusion 10y ago

A human joined my company a few weeks ago.