3 ms·
I've been part of two buyouts, have joined recently bought out teams, a recently IPOed team, and part of four teams looking for a buyer. I'm talking for person
by tim58 7y ago
I've been part of two buyouts, have joined recently bought out teams, a recently IPOed team, and part of four teams looking for a buyer.
I'm talking for personal experience from someone mid-career that moves around a lot in the industry.
The best buyout experiences are the slow embraces instead of a big bear hug. A slow embrace allows both sides to grow while they learn how to support each other. A big bear hug will suffocate the purchased company while all energy is spent assimilating instead of helping customers.
- werber 7y agoWhen you say slow embrace, do you mean the acquisition happened slowly and with transparency or the acquirer handled it well? This is a problem I’d love to have to deal with tbh
- 0xFACEFEED 7y agoPost-acquisition example: Acquirer has a VP that's pushing the deal. VP makes promises to make the deal seem as attractive as possible (eg: X will improve in Y time). New team is pressured to move quickly. New team uses the honeymoon period to flex all of their political capital. Existing teams get frustrated as their work is de-prioritized/marginalized. Culture clashes happen if new team isn't silo'd from existing teams. And so on...