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What's sad is that those companies accept. I have been offeredd job interviews at google and facebook and politely refused. Yes, millions are a much bigger tem
by sametmax 8y ago
What's sad is that those companies accept. I have been offeredd job interviews at google and facebook and politely refused.
Yes, millions are a much bigger temptation, but you still have a choice. In the hand, either they decided those companies where matching their ethics, or they gave up on ethics for money.
Given our entreprenarial culture, is that surprising ?
- thrav 8y agoIn the case of Eero, I think they just knew it was surrender or be killed in another year or two. They were already starting to face heavy competition.
- jes5199 8y agoEero was VC funded, right? That means they're basically forced to exit unless they think they can keep growing quickly. (I used to share an office building with Eero's early team. They seemed nice.)
- sametmax 8y agoI agree, and I'm not saying they should have done otherwise. I'm saying it's still a choice. We, sadly, prefer one option to the other. Or maybe there is a third option we don't see.
- strictnein 8y agoA job interview is just a smidge different than a life changing $3.2 billion for a company that only raised $80 million.
- sametmax 8y agoNo doubt. I don't pretend I would have made a different choice. Yet it is still a choice. It's just a question of how much your values are worth.
- snarf21 8y agoDon't forget that all your investors that took that chance on you want their return too. It is different than one person who bootstrapped and can do whatever they want. When you take someone else's money, you have a legal and ethical responsibility to them.
- fixermark 8y agoI think you're assuming anticapitalist values in a game played by capitalists with venture capital. This isn't an aberration; it's the goal. Startup companies are group-funded technology incubators that, if they succeed, are consumed by larger technology holding and aggregation companies.
- chimen 8y agoOften, the offer is much harder to pass. "We will buy you or we will build a better you and destroy your business" - it's not just a money offer to refuse when you think about it. Part of the decision process is also the feeling that a huge company wants to enter the market with the same product. Can you compete?
- fixermark 8y agoThose companies accepting these offers is often the goal-state of creating the company in the first place. This is the flow of the Silicon Valley startup ecosystem.