If your startup gets acquired and shut down by a larger company, this is the way to announce it—no “we’re excited to announce”; no “incredible journey”. Instead there’s an apology and regret (which is exactly what your users will be feeling).
An acquisition, or an aqui-hire, is always a failure. Either the founders failed to achieve their goal, or – far likelier – they failed to dream big enough. The proper ambition for a tech entrepreneur should be to join the ranks of the great tech companies, or, at least, to create a profitable, independent company beloved by employees, customers, and shareholders.
The story of one site’s disgraceful handling of acquisition and shutdown (Punchfork, acquired by Pinterest) and how its owner actively tried to block efforts to preserve user’s data.
A collection of those appalling doublespeek announcements that sites and services give when they get acquired. You know the ones: they begin with “We’re excited to announce…” and end with people’s data being flushed down the toilet.
Biting satire that hits its mark superbly. Ouch! Be careful — this is sharp …and funny.
This post by Jason Fried is three years old but it’s more relevant than ever.
What a loss. Is that the best the next generation can do? Become part of the old generation? How about kicking the shit out of the old guys? What ever happened to that?
Just copy and paste.
Dear soon-to-be-former user…
Maciej delivers a rant worthy of Paul Robert Lloyd.
Probably old news by now but Last.fm has been acquired by CBS, who I hope are not evil. The good news is that our favourite music site is staying in London. Rock on, FMers.
An interesting take on the recent round of acquisitions by Yahoo.
Yahoo! acquires Upcoming.org. First Flickr, now this. Yahoo! are snapping up all the coolest social apps.