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<tangent> Sometimes I wonder what the business world (and the internet) would be like if mergers and acquisitions weren't allowed. Like, if businesses had to b
by nathcd 7y ago
<tangent>
Sometimes I wonder what the business world (and the internet) would be like if mergers and acquisitions weren't allowed. Like, if businesses had to be sustainable or they'd just die, rather than capturing a whole market while eating VC money, maybe we'd all be better off? All of the really embarrassing stuff coming out of SV would just go away? Just Pinboards and Sourcehuts and Mastodons ruling the web?
I'm capitalistically illiterate, so somebody please tell me why this thought is stupid.
- cortesoft 7y agoWhat would happen to all the tech, equipment, and employees after the company goes out of business? We have to burn it? If we did that, it would be a crazy waste of resources. The alternative is to let another company buy the stuff... and if a company buys the failed company's tech, equipment, and hires their staff... that is basically the same as buying the company.
- nathcd 7y agoI mean, what would normally happen is employees look for new jobs, equipment is sold, and tech is thrown away (or open sourced in rare cases). Doesn't this already happen all the time?
- cortesoft 7y agoIt happens when no one wants the tech... but if it has value, it will be sold at liquidation time.