Ask HN: How did employees do after the Jet.com acquisition?

Re:Ask HN: How did employees do after the Jet.com acquisition? by ProAm on Wednesday March 08, 2017 @02:30PM (#13822942)

> They had to think the tech, relationships, or something there was valuable, it makes no sense as just an aquihire imo.

3B is nothing when you are preventing competition.

[ Parent | on HN ]

Re:Ask HN: How did employees do after the Jet.com acquisition? by omarchowdhury on Wednesday March 08, 2017 @03:02PM (#13823236)

Competition that was on a cash burning trajectory that could have been picked for much, much cheaper later (or just died out)?

[ Parent | on HN ]

Re:Ask HN: How did employees do after the Jet.com acquisition? by KingMob on Wednesday March 08, 2017 @03:49PM (#13823635)

I think by "competition", they were referring to Amazon, not Jet. Buying Jet for 3 gigabucks could still be worth it, if it can help Wal-Mart vault into serious online competition with Amazon.

[ Parent | on HN ]

Re:Ask HN: How did employees do after the Jet.com acquisition? by aetherson on Wednesday March 08, 2017 @03:57PM (#13823713)

Well, sure.

But Jet can only help Walmart compete with Amazon if it has some virtues. And the point is, even if its people are great, they aren't worth $3B. If Jet's technology or brand or whatever are going to help Walmart compete with Amazon, then it's not an acquire-hire.

[ Parent | on HN ]

Re:Ask HN: How did employees do after the Jet.com acquisition? by rgovind on Wednesday March 08, 2017 @03:47PM (#13823621)

If you go cheaper than that and wait, somebody else might snag them up!

[ Parent | on HN ]