The oddest thing in startup theater is the celebratory acquihire Medium post. The founders, investors, employees, and everyone surrounding it knows that it was a bad outcome, but the announcement is triumphant, so congratulations pour in from friends & bystanders. Brutal.
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Isn't acquihire always a way to circumvent the economics of actual equity ownership and disproportionately direct deal value towards founders? What do you think about rounds having non-compete clause barring founders from joining acquirers?
Usually, but in startup investing all the money is in the successes, so investors shouldn't care. Such clauses would be evil.
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Thank you for replying to my tweet, I've been a huge fan of your microessays - would love to one day work with you
Thanks. Twitter will use this to make your timeline better. UndoUndo
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