IBM nearing a buyout deal for HashiCorp, source says

Re:IBM nearing a buyout deal for HashiCorp, source says by xyst on Tuesday April 23, 2024 @02:53PM (#40135720)

Mitchell, one of the co founders, left HashiCorp in December 2023 [1]

It’s either terrible timing (missed on more money?) or he knew about it and decided months in advance that it’s not worth the trouble of staying on (ie, look at the aftermath of the RedHat and IBM acquisition).

[1] https://www.hashicorp.com/blog/mitchell-reflects-as-he-depar...

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Re:IBM nearing a buyout deal for HashiCorp, source says by fishnchips on Tuesday April 23, 2024 @02:54PM (#40135743)

Or possibly it’s completely unrelated and it’s just our brains looking for meaning where there’s none.

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Re:IBM nearing a buyout deal for HashiCorp, source says by bitvoid on Tuesday April 23, 2024 @03:43PM (#40136331)

If his leaving is unrelated, that would fall under the first possibility of the parent comment, no?

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Re:IBM nearing a buyout deal for HashiCorp, source says by fishnchips on Tuesday April 23, 2024 @03:49PM (#40136417)

Only if he really cared about that extra bit of money. I don't know him personally but from the outside he didn't look like he did.

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Re:IBM nearing a buyout deal for HashiCorp, source says by tech_tuna on Tuesday April 23, 2024 @07:20PM (#40138523)

It's not unrelated. They kicked him out or he just got sick of the company's direction. Or both.

Not a coincidence at all.

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Re:IBM nearing a buyout deal for HashiCorp, source says by kyawzazaw on Tuesday April 23, 2024 @03:14PM (#40135973)

he transitioned to IC way before he left

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Re:IBM nearing a buyout deal for HashiCorp, source says by nodesocket on Tuesday April 23, 2024 @11:26PM (#40140186)

I don't think Mitchell has any shares still. At least I could not find him listed on insider transactions. He made billion with B when it went IPO and most likely cashed out near the top which coincidentally is when I bought (facepalm).

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Re:IBM nearing a buyout deal for HashiCorp, source says by bonzini on Wednesday April 24, 2024 @05:15AM (#40142210)

What's the aftermath of the Red Hat and IBM acquisition? I've been at Red Hat since 2009 myself, and have hardly seen the difference over the last five years.

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Re:IBM nearing a buyout deal for HashiCorp, source says by eraser215 on Wednesday April 24, 2024 @07:54PM (#40151442)

We all know it's just made up stuff to feed the narrative of evil IBM making RH evil. Not even the plausible scenario of IBM changing the source code licencing of hashicorp software back to something genuinely open can change people's minds.

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