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I really don't understand. What will stop “tech giants” from buying startup in Ireland? What the difference? All majors are international corps and it's really
by sigsergv 14y ago
I really don't understand. What will stop “tech giants” from buying startup in Ireland? What the difference? All majors are international corps and it's really doesn't matter where the promising company located, moreother Ireland is an english speaking country that's a huge bonus.
- btilly 14y agoThe people at the "tech giants" who would be involved in such a buying decision are by and large located in Silicon Valley, and by and by likely to hear about things happening in Silicon Valley. Furthermore if a tech giant buys you, they are hoping that you will grow. This requires making hires that are easier if you are in Silicon Valley. Questions about your prospects for making those hires somewhere else limit the top-line growth that they can hope for. Moreover if they wind up buying something away from Silicon Valley, they know that there is likely to be less competition for the company, so they can probably get a better price for the same prospects.
- pbiggar 14y agoIn addition, talent acquisitions rely on the high cost of getting engineers. That means there has to be high demand relative to supply. In SV there is high demand right now even with a large supply, allowing talent acquisitions of $1.5m per dev.
- pg 14y agoIt doesn't matter much if the potential acquirer is international. Most acquisitions happen because one specific part of the potential acquirer wants the startup in question, and unless that part is also in Ireland, which is unlikely, they would not want to buy an Irish startup and leave it in Ireland.