An Acquisition Is Always A Failure
posted April 3, 2013 #
Really interesting article from Jake Lodwick regarding company acquisitions and how he believes An Acquisition Is Always a Failure. Strong words, indeed. However, he backs it up by saying:
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.There's definitely a part of me that thinks it's a lot easier to think so altruistically after you've made a big sale and don't have to worry about a dwindling bank account but, regardless, the message is still a good one to remember. If your idea is good enough for acquisition, it's probably good enough to continue pursuing as you were. It's what got you noticed in the first place, right?