Lithium Technologies to Acquire Klout

Re:Lithium Technologies to Acquire Klout by AznHisoka on Tuesday February 11, 2014 @02:37PM (#7219829)

1. Raise $100 million.

2. Hire 100's of talented engineers for above average salaries and perks.

2b. Make them do something that sounds challenging and hard to understand, but ultimately useless.

3. Sell to a greater fool as an acqui-hire for $150 million

4. Earn a few million in profit.

5. Repeat! (because you didnt get a 100X return, just a slim one)

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Re:Lithium Technologies to Acquire Klout by gamache on Tuesday February 11, 2014 @02:45PM (#7219881)

Perhaps the take-away lesson here is that the hiring process hurts a lot, and companies will pay millions of dollars to avoid it.

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Re:Lithium Technologies to Acquire Klout by protomyth on Tuesday February 11, 2014 @04:14PM (#7220509)

So, a startup that hires a bunch of developers to hack as a team on some open source project and fires quickly then flips the team to a bigger company[1] could work?!?

sadly, I thought of a domain name for this: teamchurn.com

1) obviously paying a chunk to the team

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