• chaorace@lemmy.sdf.org
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    1 year ago

    It’s not difficult to guess: they got EA’d. IBM’d. FaceBook’d. Their startup got bought up, hollowed out, and dissolved. All in the name of killing off competition and padding staff rolls.

    • DangerMouse
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      1 year ago

      I’ve found many startups are merely “investments” by some entrepreneur that were intended from inception, whether explicitly or not, to be grown to a sufficiently negotiable state and sold to the biggest buyer. That’s not to say that big tech companies don’t buy-out their competition, but many startups also dream of being bought-out.