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The greatest challenge will be to see how Dropbox is able to integrate so many teams/developers successfully over time. It will be interesting to revisit this
by s4sharpie 12y ago
The greatest challenge will be to see how Dropbox is able to integrate so many teams/developers successfully over time. It will be interesting to revisit this post in a year from now and see how many Predictive Edge (or their other acquisitions) former employees are still with Dropbox.
AcquiHire is becoming a real trend in the market. I think the key drivers are a lack of available talent willing to change companies and misaligned remuneration. The lack of talent is a common thread. Misaligned remuneration is something more interesting and likely to affect existing devs and companies more and more.
If you are in that high echelon of dev talent, you can find someone willing to offer a good salary and the promise of x% of potentially something large in the future. Or now, you can launch your own company, throw out a flashy project to demonstrate your skills, and by acquired by a Dropbox (or it's ilk). This way, you will likely get the same salary, the same promise, but a significant signing bonus upfront.
How companies are going to react to this trend will be interesting. Will signing bonuses and ongoing bonuses make a significant return?
- sudont 12y agoHmm, is there historical data of this sort for many companies? Sounds like it could make an interesting survival analysis project.