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A comment on Ask HN: How did employees do after the Jet.com acquisition?. Parent comment

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)?
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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.
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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.

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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!
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