4 ms·
It's definitely true that startups are often founded for the sole purpose of being acquired by one of the Big Boys--but not so that the founders get to work the
by arglebarnacle 10y ago
It's definitely true that startups are often founded for the sole purpose of being acquired by one of the Big Boys--but not so that the founders get to work there.
It's because they're hoping to get rich--make the perhaps $10M+ so that they can do whatever they want with the rest of their lives. You almost make it sound like the startup is part of their Google interview strategy and acquisition is how they get hired, but I'd venture that most founders probably don't want to spend more than a couple years at the parent company. They want to start the next phase of their lives.
- ryandrake 10y agoI wonder if there is any data showing whether on average starting a startup and running it for a year or so is a more reliable path to employment (through aqui-hiring) at these big companies than firing resumes into their black hole job sites or milking your contacts. I mean, sure, it's a "long game" strategy.
- thesimpsons1022 10y agothese companies hire tens of thousands of engineers and only a very small percent are acquihired
- morgante 10y agoIt's by far a worse strategy. The median outcome for a startup is much worse than the median job search.