alt Hacker NewsCompanies acquire talent ;Companies acquire products with a fast-growing usage base ;Companies acquire products that can help them beat competition in a fraction of the time it would take to build internally (in decreasing order of "real value" and increasing order of self-deception)
I feel its less about the tech and more about the stage Meta and Conductor are in, right now
Replies
In this case they're shutting down the product, so it's definitely not for the product or for the user base.
These were true in pre-LLM era. Cursor is a good example. Big numbers but what is the value in a year?
Sure they had a lot of growth but when there are a 100 alternatives, each offering something a bit different, then user bleed is natural.
Meta, Google and all big co will spend more $ short-term to buy and they will continue to bleed till the new playbook sets in the minds of execs.
Companies also acquire data, and then discard the 'talent'.