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Signs you're about to be acquired (2020)

yolken.net

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Re: Signs you're about to be acquired (2020)

#71
Do you really need a sign? If you are working for a non public company or even if you are working for a public tech company that is not one of the top 10 tech companies, you are always an acquisition target.

And even if you are at a company that realistically won’t be acquired, you should always be prepared to look for a job at a moment’s notice.

Re: Signs you're about to be acquired (2020)

#74
post #67

At a company I worked at the CEO out of the blue called for an all hands, all offices meeting with a few days notice. Everybody who wasn't in the main office had to connect via video link. This had as far as anyone could remember never happened before. There was no agenda and no hints as to what the meeting was about. Even senior managers knew nothing. So obviously rumours started flying, people get nervous, and ever…

and it probably cost $17m in consultants

Re: Signs you're about to be acquired (2020)

#75
post #67

At a company I worked at the CEO out of the blue called for an all hands, all offices meeting with a few days notice. Everybody who wasn't in the main office had to connect via video link. This had as far as anyone could remember never happened before. There was no agenda and no hints as to what the meeting was about. Even senior managers knew nothing. So obviously rumours started flying, people get nervous, and ever…

and it probably cost $17m in consultants

And untold $$$ in wasted salaries

Relevant: https://reclaim.ai/blog/this-meeting-could-have-been-an-emai...

Re: Signs you're about to be acquired (2020)

#76

These all seem accurate and I'd add even moreso than security (which can be prioritized for other reasons) a focus on buttoning up open source licensing / IP ownership is a dead giveaway that a sale is close. Also the hiring and retention thing is probably less about distraction and more about not taking on additional expenses in the middle of due diligence - generally the acquirer will want to have more of a say in…

this is how I guessed we were being acquired - a request to compile a list of the licenses of the dependencies of our mobile app, out of the blue and without further explanation

Re: Signs you're about to be acquired (2020)

#77
post #43

Earlier quoted context omitted.

That security point stood out to me as well. First of all, who intentionally writes code to contain SQL injection vulnerabilities anno 2024? Or knows about it and doesn't fix it? Is it really that weird that someone fixes it?

Sometimes there's clearly no risk but an automated tool flags it anyway? Requiring a creative and meaningless "fix".

Our product undergoes CVE scans before every release, and we ensure that all relevant CVEs are handled before we release; if a CVE is low-severity and isn't relevant to our use of the component (e.g. an information disclosure vulnerability in SASL authentication, but we don't use the library for authentication) then we make a note of that for our customers so they know that, while this CVE does exist and may show up in their own scans, it's not relevant to their use of our product.

That said, we now have some customers who have extremely stringent security requirements, and for understandable reasons. They want every CVE resolved for every release; this is going to cause a notable amount of work to 'resolve' issues which aren't issues by taking developer time to update and test third-party libraries, or even patch the libraries ourselves if the upstream CVE hasn't been resolved yet.

It's unquestionably worth doing if this is a dealbreaker for our customers, but could definitely impact things in the short term by requiring fixes which are technically unnecessary.

Re: Signs you're about to be acquired (2020)

#78
My company is currently being acquired, but the signs were there for over a year:

- A lack of guiding objectives and growth plans (which are vital in this particular industry)

- Major personnel change on the executive team. New exec had lead CIC events at several prior orgs.

- Complete re-organization of the development side of the business, with a focus on cost cutting and separation into separate divisions.

- Entirely new HR dept hired. More red tape and internal scrutiny.

- Increased political power consolidation within legal department, with several odd (politically motivated?) high level promotions there.

- Lack of internal promotion and compensation. Not replacing personnel who left because of this environment.

Any one of these wouldn’t be a red flag by itself, but all combined were a fairly clear indication.

Re: Signs you're about to be acquired (2020)

#79
post #67

At a company I worked at the CEO out of the blue called for an all hands, all offices meeting with a few days notice. Everybody who wasn't in the main office had to connect via video link. This had as far as anyone could remember never happened before. There was no agenda and no hints as to what the meeting was about. Even senior managers knew nothing. So obviously rumours started flying, people get nervous, and ever…

Is there any chance that there were bigger news but something went horribly wrong and the CEO tried to save face last minute?

Re: Signs you're about to be acquired (2020)

#80
post #38

Earlier quoted context omitted.

If the license says I must make the source code available, don’t I also have to have some mechanism to provide that code if asked?

Debian based distros (and all the others) have a command to run and get the sources for ALL open source packages installed on the system. So, there is nothing to do there. apt get source package. If someone asks for source code for a library, simple point them to the GitHub repository. This isn’t rocket science and it isn’t worth automating because practically nobody asks for it.

For packages being installed from distributions like Debian, you are correct that doing "apt-get source $pkg=$version" will download the source, so you can do it for every package in the image that you are distributing. On the other hand, if you are using Alpine as a base, things are not so easy..

For GPL-licensed code, you should provide the sources yourself. "Point them to a GitHub repository" is not acceptable, since the repo might disappear or change contents without you noticing.

And it is definitely worth automating, if you are releasing at scale (either many products or many versions). Otherwise you will be left having to handle requests like "does anyone remember the exact contents of our product X, of version of 2023-03-03?"

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