5 ms·
It seems this is the accepted wisdom among the posters here. For those of us not in the Valley/Portland, what were the signs that an acquisition was due to busi
by runako 15y ago
It seems this is the accepted wisdom among the posters here. For those of us not in the Valley/Portland, what were the signs that an acquisition was due to business failure?
One poster said most companies that get acquired are shut down within the year (http://news.ycombinator.com/item?id=3458414 http://news.ycombinator.com/item?id=3458414). This appears ridiculous on its face (or there needs to be a mass migration from Heroku), but what other symptoms should folks have been looking for here? I'm interested in objective measures that one might reasonably use in evaluating vendors. I'm specifically not interested in things like how many/few job postings they run on Stack Overflow, the chatter at the last San Jose Ruby Meetup, VC blog posts, etc.
- lgas 15y agoWell, one sign is that the exit price was about a third of the money they raised.
- runako 15y agoThanks for the help, but that's not exactly what I was looking for. For instance, I'd have needed ready access to the amount of their total capital raise and the exit price. Exit prices are usually not published, and I don't believe this one was published. So that's still kind of an "Inside Baseball" answer. I was looking for more objective answers, but perhaps the only way anyone here knew SimpleGeo was doomed was by staying current on the scuttlebutt. Unfortunately, that doesn't really scale.