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Typically 'acquihire' means the company was purchased solely for the talent. If the company had investors, it means they'll get some of their money back. If i
by rscale 14y ago
Typically 'acquihire' means the company was purchased solely for the talent. If the company had investors, it means they'll get some of their money back. If it didn't, it might be done anyway to let the founders take their windfall as capital gains instead of ordinary income.
If they were just offered jobs, then it's not an acquihire. It's just a dead startup and some jobs.