Re:Apple buys a company every three to four weeks
by yanslookup on Wednesday February 24, 2021 @10:00PM
(#26259190)
How is it validating? In an acquihire situation the company gets bought and then everything but the people is flushed down the toilet.
You used to be working on AI powered eye glasses that could tell when fruit is perfectly ripe but now you work on an in house travel expense system the Apple sales people use to log their Uber bills.
Re:Apple buys a company every three to four weeks
by zepto on Wednesday February 24, 2021 @11:36PM
(#26259750)
> You used to be working on AI powered eye glasses that could tell when fruit is perfectly ripe but now you work on an in house travel expense system the Apple sales people use to log their Uber bills.
Is it that realistic? Why would anyone take such a deal? Why would Apple expect those employees to stay, and given this why would they pay a premium?
My sense was that generally teams are hired because they have proven that they are competent in something specific that Apple wants to do, even if the actual code isn’t used directly.
But a ‘pivot’ is essentially the same thing - in terms of what gets scrapped.
I see an acquihire as the market actually validating your company value even if you haven’t pivoted into a hockey stick product.