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This was built to be sold to Amazon. The plan didn't pan out.
by aviv 8y ago
This was built to be sold to Amazon. The plan didn't pan out.
- sebleon 8y agoWhat makes you think it was built to be sold to Amazon?
- john_moscow 8y agoI somehow got a hunch that the recent overfunding trend made startups as inefficient as large companies are, so there's not much incentive left for acquisitions if you can simply copy it in-house for much less.
- dman 8y agoIf a company prematurely captures their upside by raising an excessive amount of capital they create a scenario for new employees where they participate in the upside only after the desired (10x) multiple is realised on the prior raise.
- john_moscow 8y agoExcept if a company is inefficient, the founders may find a way to get what they want without waiting for that 10x to realize. I'm not sure though why the investors are seemingly OK with that.