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There's a kind of shutting down not covered here: getting acquired. Too often a phrase similar to "our incredible journey"[0] appears, in which case as an end-u
by Jach 8y ago
There's a kind of shutting down not covered here: getting acquired. Too often a phrase similar to "our incredible journey"[0] appears, in which case as an end-user you know the time for enjoying the service is at an end just as surely as if the startup went bankrupt.
[0] https://ourincrediblejourney.tumblr.com/ https://ourincrediblejourney.tumblr.com/
- hodgesrm 8y agoIt's pretty easy for founders/execs at that point to make regrettable comments along the line of 'this is going to be great for our customers'. Sometimes being honest and taking care of your customer/employees/other stakeholders requires you to say "I don't know" or "this will be a change" instead of what you think they might like to hear.
- smacktoward 8y agoIt can be hard to hear what those other stakeholders are saying over all the noise the dump truck full of money makes when it starts backing up toward you.
- ChrisSD 8y agoIt's not always possible to make such statements, depending on the terms of the buyout. That goes doubly so if the founders/execs have a continuing relationship with the buyers. Even if it turns out to be a short term relationship.
- quickthrower2 8y agoMaybe you need like a warrant canary. "This service is great for customers" is removed from a url once that is no longer true.
- Dylan16807 8y ago"I don't know" shouldn't be hard to say. If the terms require you to actively lie, well, that's shameful to accept.
- gitgud 8y agoThat's a great website, I check it every now and then for a laugh. It's funny how similar every company portrays the acquisition experience. It's almost always; a positive, reflective experience which dismisses any consequences to end users...
- umichguy 8y agoThere's probably a template which rearranges the words a bit and fills in your company specific info. It's going to be aahmazing!
- ralphc 8y agoIs Tumblr's acquisition by Yahoo, then Verizon, on there?