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This acquisition culture is almost always bad for customers. Imagine what PayPal would do to Braintree if they acquired them. PayPal can't even manage their own
by kintamanimatt 13y ago
This acquisition culture is almost always bad for customers. Imagine what PayPal would do to Braintree if they acquired them. PayPal can't even manage their own risk without pissing customers off. I can only imagine they'd slowly turn Braintree into a braindead company that's nothing but a shell of its former self.
I sincerely hope Braintree finds a way to keep its independence and continues standing on its own. We need a degree of competition and fragmentation in all industries so these companies keep up the pace of innovation.
Every time I hear of a company being acquired, it feels like it's only a matter of time before the company is gutted or killed. It seems rare that everyone has their happy ending when it comes to acquisitions.
- natrius 13y agoWithout the acquisition culture, many of these companies would never exist or be able to raise the funds to grow to the point where they could have so many happy customers in the first place.
- CoachRufus87 13y agoMost companies lose their independence once they take outside funding. Those investors need to see a return on their investment somehow.
- frozenport 13y agoWe can only pray that conquered will conquer the conqueror.