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Companies that raised $123 million don't get acquihired.

• gph 10y ago
  Why not? That's a genuine question, not trying to be a smartass. Would a company that raised that much money not be worth its value to be acquired? Edit: Looks like Instagram had raised 50m before being acquihired. Definitely a much different situation than this one, but it's not outside the realm of possibility that a company which raised 100+ million would be acquihired.
  • demystified 10y ago
    I would not consider Instagram being "acquihired". See definition from wikipedia (https://en.wikipedia.org/wiki/Acqui-hiring https://en.wikipedia.org/wiki/Acqui-hiring): "...the process of acquiring a company to recruit its employees, without necessarily showing an interest in its products and services—or their continued operation"
  • ascorbic 10y ago
    Because acquihires are at much, much lower valuations than that. You'd be relying on the investors agreeing to basically write off their investment.
  • ascorbic 10y ago
    Instagram was sold for $1 billion with just 13 employees. That's certainly not an acquihire.