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The reason they do acqui-hires is to bail the VC out. The same VC sits on the board of the aquiring company. And we all know what happens when you try to hire
by vexxt 14y ago
The reason they do acqui-hires is to bail the VC out. The same VC sits on the board of the aquiring company.
And we all know what happens when you try to hire away employees due to no-poach collusion, the hirer get's fired after Steve Jobs's email.
- chermanowicz 14y agoWhile I don't think this is systematic, it definitely happens from time to time and nobody says anything about it.
- joshu 14y agoThis is much rarer than you think. Cite some examples.