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"EA" didn't have the concept down, Maxis did. They bought out something and ruined it, par for the course for acquisitions. Isn't it great when founders get a
by colechristensen 4y ago
"EA" didn't have the concept down, Maxis did. They bought out something and ruined it, par for the course for acquisitions.
Isn't it great when founders get a pay day but does that kind of thing really benefit everybody else? Just in general it doesn't seem that allowing most mergers is a particularly good thing for the American public, benefiting mostly just very large corporations who get to offload risk on to startups and their investors and reward only a lucky few (though skill is important, who succeeds and gets a good exit has a lot to do with luck)
- kevinventullo 4y agoPerhaps a more optimistic view is that the acquisition represented a one-way transfer of wealth from EA to the founders and shareholders of Maxis, who to their credit did bring good things into this world. It’s not clear to me that we would be better off if Maxis had never been acquired.