User:ThomasW/ we’re excited to announce
We’re Excited To Announce is a project looking at the cookie cuter last message from failed startups with often a disregard for the users that have produced its contents..
Content found at Our Incredible Journey by
Statement form the website An incredible journey is:
One company buying another and closing its services down. This is a purchase of the second company’s staff, rather than their product. An acquihire.
If you look through the archives this is what all the incredible journeys have in common. A company gets bought, its staff are excited (publicly, anyway) about their new home, but sorry that the service which brought them to the attention of their new bosses will have to be closed. “But thanks for joining us on our incredible journey!”
This is what is galling. A company that can afford to pay millions for some new staff but not for what those staff built. The people who used the service, and invested their belief and time in uploading photos, or forming friendships, or logging data, are left to find new virtual homes while their former hosts enjoy a nice (if possibly delayed) payday.
This repeated pattern only encourages more people to create flashy services that have no hope of being sustainable businesses in their own right, but may survive long enough, with VC funding, to attract the attention of a large company eager for new ideas and staff.
It’s one thing for companies to go bust, or to close their service after failing to make it work. This is business. It’s capitalism. But starting services only to close them a couple of years later when payday arrives is a vicious way to treat people. Source
Putting the ack! in acquihire