4 ms·
I think many HNers are missing the point. This shows that building something with no profits in the hopes of getting "acquired" is not a sustainable model. Ca
by hasenj 16y ago
I think many HNers are missing the point.
This shows that building something with no profits in the hopes of getting "acquired" is not a sustainable model.
Cases like this might eventually convince big companies that acquiring startups is not that valuable after all; specially the startups that have no business model other than hoping to get acquired.
This is specially true if you (as a big company) think you're acquiring the talent (the guys who built the startup). The truth is, they will inevitable leave, because working in big companies sucks.
Building something valuable without a business model other than hoping to get acquired sounds like a scam against big companies. Basically the business model is to sell the product once for a huge sum of money, and the guy who buys the product (the big company) doesn't get anything out of it; hence the scam.
The second point is, your product (as a startup) is now dead. Doesn't that make you sad? Wouldn't you be more satisfied if users loved you and you were making money and still doing what you love?