3 ms·
The article links to another that discusses "culture clashes". E.g. Some of these Glassdoor reviews claim that Nest is “killing everything that was speci
by PhantomGremlin 12y ago
The article links to another that discusses "culture clashes". E.g.
Some of these Glassdoor reviews claim that Nest
is “killing everything that was special about
working at Dropcam” and that “everything we
built is being carelessly dismantled after
[the] acquisition.”
This acquisition is probably no different than most. Probably about 90% of these kinds of acquisitions fail?
What does succeed is when a company buys another to deliberately kill that competing product. That usually makes good business sense. But that wasn't the case here.