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JD557 | 2 years ago
To be fair, I know at least one case of "this coffee shop got better since the new owners", but to be fair, it's because coffee shops are not really comparable to startups - namely because a very unsuccessful café can still hold huge real estate value.
Namely, in this case I'm talking about a café near a city center and a huge office building, but it was very dark, had old moldy sandwiches exposed and mixed low quality coffee with the brand coffee.
As you can imagine, after it was acquired by the new owners they just had to redecorate and sell normal products, and it quickly got packed every day.
Not sure if there's any possible equivalent for tech companies, though.
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