Comment on Spotify acquires music database WhoSampled | TechCrunch
mrdown@lemmy.world 5 days ago
I hate the culture of startup selling themselves to big companies
thats often the life of a startup. most startups end up failing (~80%). the other 20% hope their hustle gets them big enough to be bought out so they can then relax more.
the people who work startups dont want to be working that job indefinitely. especially since it often entails being overworked.
I dont blame them either, Id take the buyout if it set up all my employees with a few million
Big if if i was a person who did any of this
It’s their dream to be acquired and live long without working anymore. Of course not everyone dream, but the most common.
This really does choke innovation, market share and is strongly considered market monopolistic behaviors.
akilou@sh.itjust.works 5 days ago
Is it really a startup if it was started during the Bush administration?
ronigami@lemmy.world 5 days ago
This is such a random acquisition. It’s like IMDB buying some film aficionado’s tumblr profile.