• mrdown@lemmy.worldOP
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    5 days ago

    I hate the culture of startup selling themselves to big companies

    • akilou@sh.itjust.works
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      4 days ago

      Launched in 2008…

      Is it really a startup if it was started during the Bush administration?

      Spotify itself started in 2006

      • ronigami@lemmy.world
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        4 days ago

        This is such a random acquisition. It’s like IMDB buying some film aficionado’s tumblr profile.

    • Dudewitbow@lemmy.zip
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      4 days ago

      thats often the life of a startup. most startups end up failing (~80%). the other 20% hope their hustle gets them big enough to be bought out so they can then relax more.

      the people who work startups dont want to be working that job indefinitely. especially since it often entails being overworked.

      • bbbbbbbbbbb@lemmy.world
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        4 days ago

        I dont blame them either, Id take the buyout if it set up all my employees with a few million

        Big if if i was a person who did any of this

    • MrSoup@lemmy.zip
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      5 days ago

      It’s their dream to be bought and live long without working anymore. Of course not everyone dream, but the most common.

    • dan69@lemmy.world
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      4 days ago

      This really does choke innovation, market share and is strongly considered market monopolistic behaviors.