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They worked hard for that, didn't they?
by sidcool 13y ago
They 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"
- monokrome 13y agoYour assumption is not very realistic.
- jmathai 13y agoFor something like this it's more like "perhaps i can put a down payment on a house after my stocks vest and i pay taxes".
- ryandrake 13y agoA down payment on a house in the Peninsula is going to likely cost more than a Ferrari or Lamborghini
- pearjuice 13y agoI don't know what Whatsapp, Instagram and the like their hourly rates are, but I doubt it adds up to the billions the got.
- calinet6 13y agoI'm tired of this "they worked hard for that" BS with acqui-hires and shutdowns. Yeah, sure, they worked hard, but in the end they get a big fat F for the end result. Services don't last forever, but I'm not gonna congratulate someone who runs around in circles for 3 years purporting to deliver a product of value, and then gives up when offered a better deal for themselves. They didn't build a product, they built a nothing. It's like reverse vaporware, and I won't respect it.
- karpodiem 13y agoYes!
- m3rc 13y agoYeah this is my main problem with the way "startup culture" seems to work. There's a lot of people in my university really pushing people to start their own businesses, but the general reasoning just seems to be "come up with something, advertise so that you get bought out, take the money". There's no emphasis on actually making anything, just on drumming up hype for an idea and selling that.
- paulbaumgart 13y agoThey proved that they can build products. That makes them very valuable to companies with more money than time. It's a significant career success, if perhaps not quite a business success. And we can congratulate them for that.
- anon808 13y agosure, if the product they made wasn't depended on by people. these kind of acquisitions seem to always leave the product customers in a lurch. and for that we don't have to congratulate them.
- paulbaumgart 13y agoAssuming this was a smart acquisition by Dropbox, they'll be able to create more value now than they were before the acquisition. Unless you're arguing that the acquisition is actually wealth-destroying, it seems pretty selfish to oppose it.