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pjc50 9 hours ago

Other than directly cancelling a competing product, it's usually to acquire the staff. Bit like the football transfer market, but you can buy Marcus Rashford separately without having to buy the whole of Man U.

tuananh 33 minutes ago | parent | next [-]

> buy Marcus Rashford

that would strengthen Man Utd :D

dozerly 8 hours ago | parent | prev [-]

Yea, until they leave as soon as they can because working at Salesforce is nothing like a startup

These acquihires seem so ineffective to me unless the acquiring company is truly attractive to the acquirees talent.

apparent 7 hours ago | parent [-]

That's what the vesting period is for, to ensure the team sticks around for long enough that the acquirer can figure out who is most valuable and make it attractive for them to stay.

skeeter2020 4 hours ago | parent [-]

optimist's view: if you have faith in SF longer term it's a great time to get your options priced!

apparent 2 hours ago | parent [-]

I've definitely heard stories of people who wanted to sell their stock after being acquired, couldn't because of vesting/lockup, and were glad because it went up a lot in the meantime.