News for hackers. Stuff that matters.

A comment on How GoDaddy Acquired and Dismantled a Successful Startup. Parent comment

Re:How GoDaddy Acquired and Dismantled a Successful Startup by steve-benjamins on Tuesday March 17, 2015 @02:28PM (#9220148)
Did you read the article?

GoDaddy never set out to acquire Virb. It just happened to. This is more of a story about the messiness of acquisitions than any kind of dark, malicious intentions by GoDaddy.

[ Parent | on HN ]
Re:How GoDaddy Acquired and Dismantled a Successful Startup by KaiserPro on Tuesday March 17, 2015 @02:57PM (#9220372)
Yes,

but sorry, no one spunks out millions of dollars to get a happy accident. There are months of wranglings, negotiations, covenants drawn up, targets created.

Granted Virb might have been collateral, but thats the point of my question. Why, was it lack of interest, did it cost to much to develop?

[ Parent | on HN ]