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That's an interesting point of view. Apart from financial gains for founders, acquisition also makes sense for the consumers in many cases. E.g. it makes sense
by zhyder 18y ago
That's an interesting point of view. Apart from financial gains for founders, acquisition also makes sense for the consumers in many cases. E.g. it makes sense for the company building a spreadsheet app to get together with the ones building the presentation and word processing apps. The alternative is for every company to build everything (or at least everything in each app suite), and that's just wasteful.
That's just the product development side. There's also marketing, manufacturing (not in web apps), and distribution (also not in web apps) synergies.
I'm curious to understand your logic against acquisitions. Integrating 2 corporate cultures, creation of larger bureaucracies?
- fallentimes 18y agoSure. The elimination or reduction of true work schedule flexibility (which we don't have entirely yet, but will have soon). A Boss. Red tape. Bureaucracy. Suits. TPS Reports. Worthless meetings. Sub committees. Work that isn't "work". And most importantly, corporate rules and protocol not in line with our philosophies of living & working. TicketStumbler is a bit of a different animal than most startups & companies. I plan on writing about this extensively in the future (http://intheteeth.com http://intheteeth.com). I'm not saying acquisitions never make sense or never add value or that I'll never have a Company that will be acquired...just that TicketStumbler more than likely won't be "that" Company.