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> tech companies can fizzle into nothingness in seconds their products and services can. but the people who made them and their ideas usually don't disappear w
by borism 15y ago
> tech companies can fizzle into nothingness in seconds
their products and services can. but the people who made them and their ideas usually don't disappear without a trace. so if you see a service that was quickly shutdown by parent company after acquisition, you have to realize it wasn't about product but team or intellectual property (or just keeping them off competitors' hands)
- gavanwoolery 15y agoI agree with that thought completely - but sometimes even with people and IP in mind valuations get a little crazy (such as Google trying to acquire Path for $100 million, which they admitted was mostly based on acquiring the team).