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The acquirer could have the same contract clauses and incentives when directly poaching employees. More actually, since they don't have to give any money to VCs
by brazzy 14y ago
The acquirer could have the same contract clauses and incentives when directly poaching employees. More actually, since they don't have to give any money to VCs.
But if the idea is actually to hire an entire proven team to work on an internal project they are interested in, that does make a lot more sense.
- koopajah 14y agoYou cannot poach an entire team, or even half a team, easily. The point of the acquihire for me is either to acquire specific members/leaders of a team (that wouldn't be interested by just being poached anyway) or an entire team/specific knowledge. Sometimes a startup reach its peak and feels its the right moment to make a change. An acquihire can also lead to that. You can search about the Sparrow acquisition (a lot has been written here about it). Another example that comes to mind for me is Google acquiring Wildfire and the team reaction when they learnt it : http://www.youtube.com/watch?v=4ARPB7b0kIg http://www.youtube.com/watch?v=4ARPB7b0kIg
- dstorrs 14y agoWhy the ShakyCam? It was so bad it made me dizzy.