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submitted 1 year ago by edinbruh@feddit.it to c/linux@lemmy.ml
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[-] chaorace@lemmy.sdf.org 16 points 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@lemm.ee 8 points 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.

[-] doot@social.bug.expert 2 points 1 year ago

chasing the exit is a common strategy

this post was submitted on 16 Aug 2023
849 points (96.2% liked)

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