Re:A startup founder and ex-Facebook engineer’s story of the...
by gtsteve on Monday September 11, 2017 @07:19AM
(#15217619)
It's not just Facebook - I've heard of other M&A teams working in a similar way. If you're considerably further ahead than them then they'll buy your company, otherwise they'll go for a clone strategy instead.
Since I started looking into the M&A world I've learned you just can't take stuff like this too personally.
Re:A startup founder and ex-Facebook engineer’s story of the...
by bigbugbag on Monday September 11, 2017 @03:02PM
(#15221214)
Isn't this the usual way of the larger monopolistic corporations ? As they grow they lose their ability to innovate (if they had some in the first place) and rely on bullying, buying, copying, suing the little players out of existence.
Re:A startup founder and ex-Facebook engineer’s story of the...
by StreamBright on Monday September 11, 2017 @03:04AM
(#15216587)
Not sure what do not touch means in this case.
I know many stories like this; Facebook M&A meets with the founders of a promising company under the guise of a "we're about to acquire you" only to have Facebook copy their companies and then follow up with Facebook's lawyers knocking on said startups' doors to shut them down.
As such, I will not touch Facebook with a 10 foot pole, and I strongly recommend, from personal experience, that you do the same with your company.