This is a real thing in the world, and almost everyone underestimates how much of a thing it is.https://twitter.com/Austen/status/1260212525171277826 …
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The three things I think everyone in software should understand about this type of company: 1) Founding one is a lot easier than you probably model it as, and works out very well for founder. 2) Being an engineer at one is a package of subtle tradeoffs. 3) PE wants them *bad.*
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One of the interactions between those three factors is that some engineers at these companies feel like they have a secure 9 to 5 with locally great pay at a company that operates “like a family”... ... but the family won’t own the business for forever, which may be a surprise.
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I actually have numbers on this: I found > 3000 software firm acquisitions over 3 years, and then looked at how many got a “mainstream tech” outlet mention (eg TrchCrunch, ReCode, HN, etc): ~7%
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Do you have the list of the >3000 software firms?
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What’s the important difference between being on HN/TechCrunch and being nameable? What would one vs the other imply about attitudes?
Thanks. Twitter will use this to make your timeline better. UndoUndo
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