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In case you're playing the Acquisition Post Drinking Game: "It’s been a long road and we feel that we have come a long way in solving this problem. We are elat
by swanson 13y ago
In case you're playing the Acquisition Post Drinking Game:
"It’s been a long road and we feel that we have come a long way in solving this problem. We are elated to announce the next step in this journey"
"It’s been an immensely exciting journey and we are humbled by the support we received along the way."
http://ourincrediblejourney.tumblr.com/ http://ourincrediblejourney.tumblr.com/
- 0161 13y ago"We couldn't be happier." "We look forward to this transition as the next step." "As of today, we are no longer enrolling new users. " "Existing users can continue to use our service until ..." "We want to do whatever it takes to make any transition as smooth as possible." "We have worked hard on our product and feel that our vision aligns perfectly with ..."
- funkyy 13y ago"We didnt expected that being a startup is so hard. We worked for 2-3 years 10 hours a day 6 days a week and it brought us to barely breaking even. We just cant do this anymore, living in uncertainty is killing us. We have failed to pursue our dream but we hope that we can just shut down this part of our lives, move onwards to working for large company that will care for us and hopefully our skills, pain and experiences will help us to achieve something that we couldn't do alone - create revolutionary product or feature, but under bigger brand."
- sitkack 13y agoIf this startup hadn't panned out, I don't know what I was going to do. Thinking about having a staged breakdown so I could live off my parents money while still raging in Mission and eating burritos and Thai. Longer term goal, channel that startup burnout into something more meaning-full like opening some profitable franchise, like yogurt or cookies and doing rails gigs on the side. god I feel sorry for the poor saps still in the grind.
- tsunamifury 13y agoThis is a painful truth for those of us not being bought out.
- tarr11 13y agoAlso see http://www.reddit.com/r/shutdown/ http://www.reddit.com/r/shutdown/
- EC1 13y agoHonestly, what else are you going to write?
- wwwwwwwwww 13y ago"We finally convinced some sucker to buy our worthless revenue-less startup for a trillion dollars. See you in vegas!"
- bambam12897 13y ago"We are sooooo filthy rich now. So long suckers!" I'd be more honest =)
- rattray 13y agoExcept they're probably not... Not all the acquisitions of this sort are "you're filthy rich now", especially after dilution, taxes, and plain old time.
- jebblue 13y agoThis is very true, the new Silicon Valley show Episode 1 is free on YouTube (son clued me in) but that isn't how acquisitions always work out, the word dilution rings loudly.
- sidcool 13y agoThey worked hard for that, didn't they?
- bambam12897 13y agoDefinitely! I'm just being realistic - These press releases are basically the tea ceremony everyone is expected to perform. If you just made several mil I honestly doubt you're thinking about making the "transition as smooth as possible". You're thinking "should I buy a Lambo or a Ferrari?" They probably got a memo from Dropbox saying "now that we own your ass, here is a press release that you'll publish asap"
- sreitshamer 13y ago"We gotta play 'em one day at a time." "I'm just happy to be here. Hope I can help the ball club." "I just want to give it my best shot, and the good Lord willing, things will work out."