4 ms·

Acquired? Acqhired? Term doesn't mean much lately. I guess we needed a sexier way to say "I got a job"... Or are situations like this really more like an acquis

Acquired? Acqhired? Term doesn't mean much lately. I guess we needed a sexier way to say "I got a job"... Or are situations like this really more like an acquisition? Did any investors recoup their investment?

ChuckMcM 15y ago
The vernacular is 'acquihired'. Haven't made Crunchbase so probably hanging between the Angel and the Seed round. I find these interesting exits from the perspective of the employment strategy game. Lets say you want to get a job at one of the 'big names', you now have an option of going to YC or an equivalent, doing the incubation thing, working your buttocks off to deliver a product, and then you have someone (your angel investor) in your court trying to get you acquired by one of them. Not trying to imply that these guys did this, its just an interesting way to get hired. Sort of like the 'please-hire-me' web site but more work. I expect a number of these since there are a lot of folks between Seed and A, with questionable velocity to reach orbit. As a hiring organization I wonder how these folks play out longer term, having tasted the startup life are these folks easier or harder to retain? Do they work more or less than folks who came through the 'regular' route? What is there impact on the existing teams. Etc.
- abossy 15y ago
  Preparing well for your interview and applying directly is much more efficient. I'm sure most entrepreneurs want to salvage they're failing startups and are eager to quit for the next venture as soon as the opportunity presents itself.
  - famousactress 15y ago
    Efficient? Sure.. but I've been assuming that to make the founders feel like they've earned the term 'Acquired' that these things come with at least some sort of cash/signing-bonus that gives the whole thing an air of legitimacy. Also, I wouldn't be quick to suggest the startups are failing in these situations. It seems like plenty of them are barely getting started.
vyrotek 15y ago
Absorbed

ChuckMcM 15y ago

The vernacular is 'acquihired'. Haven't made Crunchbase so probably hanging between the Angel and the Seed round. I find these interesting exits from the perspective of the employment strategy game. Lets say you want to get a job at one of the 'big names', you now have an option of going to YC or an equivalent, doing the incubation thing, working your buttocks off to deliver a product, and then you have someone (your angel investor) in your court trying to get you acquired by one of them. Not trying to imply that these guys did this, its just an interesting way to get hired. Sort of like the 'please-hire-me' web site but more work. I expect a number of these since there are a lot of folks between Seed and A, with questionable velocity to reach orbit. As a hiring organization I wonder how these folks play out longer term, having tasted the startup life are these folks easier or harder to retain? Do they work more or less than folks who came through the 'regular' route? What is there impact on the existing teams. Etc.

abossy 15y ago
Preparing well for your interview and applying directly is much more efficient. I'm sure most entrepreneurs want to salvage they're failing startups and are eager to quit for the next venture as soon as the opportunity presents itself.
- famousactress 15y ago
  Efficient? Sure.. but I've been assuming that to make the founders feel like they've earned the term 'Acquired' that these things come with at least some sort of cash/signing-bonus that gives the whole thing an air of legitimacy. Also, I wouldn't be quick to suggest the startups are failing in these situations. It seems like plenty of them are barely getting started.

vyrotek 15y ago

Absorbed