5 ms·
Acquisitions are about talent and not products more often than not with Google.
by alnayyir 15y ago
Acquisitions are about talent and not products more often than not with Google.
- tptacek 15y agoDid Aardvark have 50 key devs? Isn't that roughly the valuation in premium talent deals?
- alnayyir 15y agoI don't know, I don't even like how the startup industry currently works. It mostly looks like a wealth transfer from the wealthy to the children of yuppies to me. I don't see much business value actually being created.
- arkitaip 15y agoI can't speak for the aardvark team but I would feel devastated having in so many years of hard work only to see my baby being terminated, not because it's a bad product but simply because it doesn't fit the broader vision of the company that acquired you. Not sure I could stay at a place like that.
- dhimes 15y agoAgreed. Why the hell buy it in the first place? Maybe they wanted some of the IP to use somewhere else or something? It doesn't smell good to me. Are we still saying 'Do no evil?'
- ma2rten 15y agoDude ... read the other comments. It was a talent acquisition / google changed it's strategy since. If the founders did not want to have it shutdown they should have negotiated a clause in the contract.
- dhimes 15y agoBut don't you find it odd? It's too much to pay for just a talent acquisition. IP + talent, perhaps, if it's really important IP.