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bambam12897 | 12 years ago

"We are sooooo filthy rich now. So long suckers!"

I'd be more honest =)

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rattray|12 years ago

Except they're probably not... Not all the acquisitions of this sort are "you're filthy rich now", especially after dilution, taxes, and plain old time.

jebblue|12 years ago

This is very true, the new Silicon Valley show Episode 1 is free on YouTube (son clued me in) but that isn't how acquisitions always work out, the word dilution rings loudly.

sidcool|12 years ago

They worked hard for that, didn't they?

calinet6|12 years ago

I'm tired of this "they worked hard for that" BS with acqui-hires and shutdowns.

Yeah, sure, they worked hard, but in the end they get a big fat F for the end result.

Services don't last forever, but I'm not gonna congratulate someone who runs around in circles for 3 years purporting to deliver a product of value, and then gives up when offered a better deal for themselves.

They didn't build a product, they built a nothing. It's like reverse vaporware, and I won't respect it.

bambam12897|12 years ago

Definitely! I'm just being realistic - These press releases are basically the tea ceremony everyone is expected to perform.

If you just made several mil I honestly doubt you're thinking about making the "transition as smooth as possible". You're thinking "should I buy a Lambo or a Ferrari?"

They probably got a memo from Dropbox saying "now that we own your ass, here is a press release that you'll publish asap"

pearjuice|12 years ago

I don't know what Whatsapp, Instagram and the like their hourly rates are, but I doubt it adds up to the billions the got.

1ris|12 years ago

If oculus would have done this i would have had a way more respect for them.