Acquihire

4

When a startup is bought with the sole purpose of hiring the startup's employees versus obtaining the product/users. Generally, startups that get acquhired are struggling and the move is done as a last resort.

Alex: I heard your startup got acquired by Facebook. Give me some of that startup money.
John: It was an acquihire. I don't want to talk about it.

Added by zazpowered zazpowered over 4 years ago