Earlier quoted context omitted.
Acqui-hires, amigo... swallow a company, fire the bottom 10%, give the rest offers, see who sticks around after 1-2 years. They're gobbling up companies so fast that they're running out of office space to house them all.
Acqui-hiring cannot be a long term strategy to nurture and build a strong internal talent pool. Google simply has done an outstanding job at this. Most start-up founders/employees share YC startups' cultural ethos, and will get stifled under Apple. Many of them will get demotivated, lose steam and leave as soon as their golden handcuffs expire.
You're right, I did lose a million dollars last year. I expect to lose a million dollars this year. I expect to lose a million dollars next year. You know, Mr. Thatcher, at the rate of a million dollars a year, I'll have to close this place in... 60 years.