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Isn't it also that Google/FB/Apple just buy all the startups that could conceivably threaten them. Even the ones where the founders did hold out for a lot of m
by jonplackett 6y ago
Isn't it also that Google/FB/Apple just buy all the startups that could conceivably threaten them.
Even the ones where the founders did hold out for a lot of money they just buy them anyway. Like WhatsApp (they got about $22 billion in the end!)
- grishka 6y agoNow, I have no idea how this actually works, but everyone seems to be implying that startups don't have a say in whether they at all want to be acquired, regardless of the price. I don't understand why are there no companies that refuse any acquisition offers because they want to retain their independence.
- jonplackett 6y agoI think there must be some degree of fear - for example Snapchat refused Facebook and now Facebook has copied every single thing Snapchat has done. But it also must be pretty tempting when someone dangles millions (or billions) of dollars in front of you. You could easily just sell, and then go whatever you want with the rest of your life, do whatever good you intended to do elsewhere. Or maybe you believe the hype and think you could fulfil your mission better with the might of a tech giant behind you.