Re:Open Corp Dev: An Idea Too Bold For Facebook Or Dropbox
by ivankirigin on Tuesday October 15, 2013 @02:52PM
(#6555473)
These issues are present for every acquisition. Having a minimum price doesn't make them go away. Often the price is much, much more.
I mentioned Instagram: $1B for 13 people and a product that makes no money (yet). You don't think the most recent 1000 employees at Facebook are wishing they joined a small startup instead?
Dealing with this is non-trivial, I'm not trying to dismiss it. I'm just saying the idea and this problem aren't as causal as you're implying.
Re:Open Corp Dev: An Idea Too Bold For Facebook Or Dropbox
by oh_sigh on Tuesday October 15, 2013 @04:45PM
(#6556195)
Except that if those 1000 employees joined a small startup, odds are that 920 of them would not even make it to the stage of acqui-hire
Re:Open Corp Dev: An Idea Too Bold For Facebook Or Dropbox
by ivankirigin on Tuesday October 15, 2013 @07:37PM
(#6557079)
Yeah, I think often the best choice is to join the larger company. But we're talking about perceptions, which are not the same as reality
How many of those people at $1mm per head will make it through your technical interviews and fit in well enough with your culture? How long do they have to work for you before they split?
It seems like you'd have to put together some pretty draconian terms attached to a deal like this and I don't think that would be fair for anyone involved.