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I know about 4 friends that have left their parent company, built a killer product that same company didn't think to build or didn't believe in, only to get acq
by tgtweak 7mo ago
I know about 4 friends that have left their parent company, built a killer product that same company didn't think to build or didn't believe in, only to get acquired by that same company after a few years... some have done it multiple times.
I think this falls in exactly that situation. You see how janky these national companies are doing things, plot out a disruptive course, then disrupt them in a particular region so that you can extrapolate how much that will hurt at national scale and force a buyout that's way beyond the multiple you bought those small operators for.
- tezclarke 7mo agoAsk for forgiveness, not permission!
- charlie0 7mo agoHow did they deal with non-competes? Are they in CA or somewhere those aren't enforceable?
- williamdclt 7mo agoSounds like they didn't build competing products, they built products that'd have been very valuable to the parent company.