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Re:BuyWithMe Lays off More Than Half of its Employees by abbasmehdi on Thursday October 20, 2011 @01:20AM (#3133561)
I don't get why startups go into acquisition binges, trying to buy their way to the top rather than out-innovating the competition. It is really sad for the poor folks laid off, and this seems like it was run purely on greed rather than any kind of desire to do something awesome. (Sorry, do I sound like a hippie?).
Re:BuyWithMe Lays off More Than Half of its Employees by jprobert on Thursday October 20, 2011 @01:42AM (#3133606)
It's the Eric Lefkowsky model.. Grow as fast as possible at an unsustainable rate in an unproven market and take be money and run.