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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I got the impression that lots of "deep tech" startups -- DeepMind say -- are definite acquihire plays from the get go. Is this just wrong or unmentionable?
No investor would knowingly back such a thing. And I honestly think few founders are hoping for it either.
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It would be odd for founders to hope for it as a best outcome, but I know many who think of it as the worst case scenario.
Thanks. Twitter will use this to make your timeline better. UndoUndo
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