| ||Ask HN: A startup runs at a loss for 6+ years, gets acquired. Was it a success?|
54 points by nstart on May 18, 2015 | hide | past | web | favorite | 46 comments |
|I've mulled over this question for some time now. I've kept watching startups (both funded, and bootstrapped) that never generate a profit (not even close), don't get much traction, and then get acquired by some bigger name company. The founders celebrate the success of their venture and add it to their successful entrepreneurial resume.|
But does it really count as a success? Is there something about economics that I'm missing? Is it only about how much money you get back into your (or your investors) pockets? Does the term acquisition actually mean more than "rescued from drowning"?
I don't want this to come off sounding negative. I just want to understand what I'm not getting. Thanks in advance.
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