An interesting take on acquisitions
Bit by bit, the youthful energy that created so much value was siphoned off. Whereas we’d once been free to work on whatever seemed interesting, we now found ourselves in vaguely defined middle-management roles, sitting through pointless meetings where older doofuses who didn’t understand the Web challenged our intuitions and trivialized our ambitions.
It’s always interesting to peek behind the curtain of startups and their acquisitions. Obviously I’m not in a place where I can agree or disagree with what he has to say but he makes a compelling argument.