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Am I the only person who thinks that being on the buying side of this is a losing proposition? How many of those people at $1mm per head will make it through y
by cliftonk 13y ago
Am I the only person who thinks that being on the buying side of this is a losing proposition?
How many of those people at $1mm per head will make it through your technical interviews and fit in well enough with your culture? How long do they have to work for you before they split?
It seems like you'd have to put together some pretty draconian terms attached to a deal like this and I don't think that would be fair for anyone involved.
- ivankirigin 13y agoThese issues are present for every acquisition. Having a minimum price doesn't make them go away. Often the price is much, much more. I mentioned Instagram: $1B for 13 people and a product that makes no money (yet). You don't think the most recent 1000 employees at Facebook are wishing they joined a small startup instead? Dealing with this is non-trivial, I'm not trying to dismiss it. I'm just saying the idea and this problem aren't as causal as you're implying.
- oh_sigh 13y agoExcept that if those 1000 employees joined a small startup, odds are that 920 of them would not even make it to the stage of acqui-hire
- ivankirigin 13y agoYeah, I think often the best choice is to join the larger company. But we're talking about perceptions, which are not the same as reality