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That's why it makes sense for the acquirer to buy. Neya was questioning why it made sense for the founder to sell.
by namenotrequired 13y ago
That's why it makes sense for the acquirer to buy. Neya was questioning why it made sense for the founder to sell.
- peloton 13y agoFounders in this position usually sell because they can't raise any more money and the next best option is to shut down the company because they're out of money. With an acqui-hire, at least you find a soft landing spot for some of your employees and your investors can tell a nicer story about one of their investments getting acquired (instead of getting shut down).