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I worked for a startup within another company. It got spun out and the CEO used it as his own escape hatch, while selling off the remaining parts of the origina
by ajb 6y ago
I worked for a startup within another company. It got spun out and the CEO used it as his own escape hatch, while selling off the remaining parts of the original company. The startup had a successful exit, although it didn't become a unicorn.
Any time someone makes a categorical statement like these, you know it's not wholly true. There are more permutations to the real world than anyone can think of up front.
- johannes1234321 6y agoI think there is a key point to this: Being a startup in a large corp works if you are the "famous" manager inside the corp and get your personal playing ground (skunk works?) project and are building something new. It works less, when you are being acquired and want to keep your independence. When acquiring the acquirer will look close at you to align the acquired product with the corporate interests.