Re:Watching an acquirer ruin your company
by gantron on Sunday July 03, 2022 @08:32AM
(#31967216)
Recent example (last ~6 months): Anduril acquired a 30-person company, Dive, that built autonomous submarines with some novel low-cost process. They had built a small number of vessels for internal testing and maaaaybe had started to generate a little revenue, but nothing serious.
Then, four months post-acquisition, Anduril’s influence earned them a $100M contract to build prototype submarines for the Royal Australian Navy. Dive benefitted from Anduril’s political savvy and connectedness in a new part of the world; Anduril benefitted from Dive’s tech of course.
Then, four months post-acquisition, Anduril’s influence earned them a $100M contract to build prototype submarines for the Royal Australian Navy. Dive benefitted from Anduril’s political savvy and connectedness in a new part of the world; Anduril benefitted from Dive’s tech of course.