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Talent acquisitions seem to be big business this last year. Is this a recent thing buying 'teams' and shutting down the stupid startup thingy they were working
by axod 16y ago
Talent acquisitions seem to be big business this last year.
Is this a recent thing buying 'teams' and shutting down the stupid startup thingy they were working on for the last year?
Is conventional hiring talent really that broken?
- dshah 16y agoYes, conventional talent recruiting really is that broken. This process may not be all bad though. The entrepreneurs get some liquidity and at least a modest success on their belt. Story A: "Started something cool. Built a product people wanted. Was acquired by Company X. On to something new." Story BY: "Started something cool. Built a product people wanted. Didn't quite get the traction we hoped. Stuck it out for 3 years. Finally decided we just couldn't build a business out of it and shut it down." In my mind, Story A is much better for the entrepreneur than Story B. Of course, the trick is knowing when it's time to move on.
- ams6110 16y agoThis seems odd to me. If I'm part of a startup team, do I want to be acquired and end up an employee of the acquiring company? In my case no, I want to take my proceeds and go do something new.