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This looks to me like the smoking gun on a type of acquisition that circumvents regulatory oversight, primarily driven by the "need for speed": https://medium.
by physix 1y ago
This looks to me like the smoking gun on a type of acquisition that circumvents regulatory oversight, primarily driven by the "need for speed":
https://medium.com/@villispeaks/the-blitzhire-acquisition-e39361ed00bb https://medium.com/@villispeaks/the-blitzhire-acquisition-e3...
which I first saw here
https://news.ycombinator.com/item?id=44553257 https://news.ycombinator.com/item?id=44553257
- DebtDeflation 1y agoCircumvents regulatory oversight and also shafts 99% of the employees. Seems to be a backdoor way to acquire the key founders/leaders and IP (via a perpetual license) while leaving behind a desiccated husk of rank and file employees, customers, and obligations.
- bananapub 1y agoit's super shitty by management to flee, but given that most startups fail, this startup maybe not-failing really isn't a "shafting".