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The death of a company is when it’s acquired by Google/Microsoft/Apple. Founders get the golden parachute, investors get their 100X exit. Whoever is left after
by xyst 3y ago
The death of a company is when it’s acquired by Google/Microsoft/Apple. Founders get the golden parachute, investors get their 100X exit.
Whoever is left after the acquisition is left to babysit the dinosaurs. Maybe leadership decides to shelve the IP, kill the project and any active development. Move promising assets to other teams or transfer them as backfill.
After dust settles. The “dead weight” is killed off.
- esafak 3y agoAre WhatsApp, Yoube, and Instagram dead? All acquisitions. Consider also that many companies would never be started if their founders had no option of selling them.
- juliendorra 3y agoAnd closer to Apple Shazam and Shortcuts!