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Have you been through an acquisition like this before? I once worked for a small company that was acquired by a much bigger company, and I have to say Dave's th
by minimax 13y ago
Have you been through an acquisition like this before? I once worked for a small company that was acquired by a much bigger company, and I have to say Dave's thoughts about the acquirers making lots of empty promises to the acquirees to keep them happy sounded very familiar.
- at-fates-hands 13y agoI had a similar experience. The CEO even warned the developers to find work elsewhere since the companies products would probably be dissolved since all the bigger company was interested in was some of our technology. I was smart along with a few others. The rest of the employees rolled the dice and lost. They discontinued the entire line of products and canned any of the employees who came over with the acquisition. Within a year, there were no traces of our startup, just a few new products using our technology. I'm still bitter about it. . .
- pyre 13y agoYahoo! has a history with screwing up while trying to integrate acquisitions into their ecosystem (e.g. forcing people to drop their old account for a Yahoo! account, with an email address, etc, etc). Yahoo! will honor these promises for a while if they don't want to drive the Tumblr users away to other microblogging platforms.
- rhizome 13y agoMy advice is to become part of the larger company as quickly as possible, if that's the kind of thing you would like to do, or quit as soon as the acquisition is announced, especially if you're screwed in the equity department. Whether you stay or go, abandon ship.