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Honest question, does anyone have some examples of an acquired company thriving post-acquisition? It seems like they just all burn out or stop doing cool things. I’m thinking of examples like Nest and Tumblr, but I haven’t noticed any where I think “wow, they’re really doing amazing things now after being acquired”. I get that many are acqui-hires or done for the IP portfolio, or as favors to founders or other invest…
Siri?
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> setting up a hiring cartel to depress our wages I missed this, any details?
IIRC, Apple and Google (Steve Jobs and whoever from Google, Larry Paige probably) did it circa 2008. Douchebaggerymaximus.
Honest question, does anyone have some examples of an acquired company thriving post-acquisition? It seems like they just all burn out or stop doing cool things. I’m thinking of examples like Nest and Tumblr, but I haven’t noticed any where I think “wow, they’re really doing amazing things now after being acquired”. I get that many are acqui-hires or done for the IP portfolio, or as favors to founders or other invest…
I honestly think the BB8 toy killed sphero. They mistook a flash of luck and a fad for PMF. It also made them cocky. Next thing I knew they were calling it a “robot” which while possibly technically true it was more of a neat remote control car that cost a fair amount of money. This was at time when you could by cheap rc helicopters that actually flew for $20.
I always understood the BB8 saga as Disney looking for a toy company to work with then designing a movie character that fit into the company’s capabilities. So it wasn’t luck as much as a single large enterprise contract that swallowed any other focus.
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Classic. And when you tell incompetent management that 9 women can't deliver a baby in a month, they'll proceed to try with 10 women.
This is so common it hurts. I wonder where this comes from. Is it just hubris mixed with incompetence?
Serious question: why do you care? For some of my trades I use capital to purchase shares on the stock market For some of my trades I have a 100% premine of shares and sell them at a higher price until I’m down to 20% left but only because I minted 500% more shares to sell to the PE guys Its no different to me, a trade is a trade
I didn't understand your example at all. Care to explain?
And lets not get started on the 1-2 year slowdown that an acquisition can put into a team.