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"Any time a company gets acquired, there are always concerns about what it means for the company and product. Here are some things to know: 1. Hipmunk isn’t go
by cbright 7y ago
"Any time a company gets acquired, there are always concerns about what it means for the company and product. Here are some things to know:
1. Hipmunk isn’t going anywhere"
-Adam Goldstein, October 3, 2016
- seppin 7y agoThe problem is he had no authority to say that.
- jf22 7y agoI don't think it is reasonable to expect a promise like this to be kept three years later.
- toyg 7y agoTwo-three years is actually the optimal time frame to kill an acquired company, in my view, at least for big conglomerates. You avoid excessive brain-drain at the start by declaring far and wide that it will be “business as usual”; this way any useful know-how handover can happen smoothly, and you get a chance to identify the best bits you will eventually salvage. After a couple of years, you’ve likely cannibalized what was worth, the golden-handcuffed talent has either left or was moved to more critical areas, and the rest is just a legacy shell.
- cwilkes 7y ago“Isn’t going anywhere” is technically correct based on how you parse it.