Facebook acquires team behind YC alum Caffeinated Mind

http://venturebeat.com/2012/02/29/facebook-caffeinated-mind/

by tilt • 14 years ago

49 10 14 years ago

Acquired? Acqhired? Term doesn't mean much lately. I guess we needed a sexier way to say "I got a job"... Or are situations like this really more like an acquisition? Did any investors recoup their investment?

ChuckMcM• 14 years ago

The vernacular is 'acquihired'. Haven't made Crunchbase so probably hanging between the Angel and the Seed round.

I find these interesting exits from the perspective of the employment strategy game. Lets say you want to get a job at one of the 'big names', you now have an option of going to YC or an equivalent, doing the incubation thing, working your buttocks off to deliver a product, and then you have someone (your angel investor) in your court trying to get you acquired by one of them.

Not trying to imply that these guys did this, its just an interesting way to get hired. Sort of like the 'please-hire-me' web site but more work.

I expect a number of these since there are a lot of folks between Seed and A, with questionable velocity to reach orbit.

As a hiring organization I wonder how these folks play out longer term, having tasted the startup life are these folks easier or harder to retain? Do they work more or less than folks who came through the 'regular' route? What is there impact on the existing teams. Etc.

abossy• 14 years ago

Preparing well for your interview and applying directly is much more efficient. I'm sure most entrepreneurs want to salvage they're failing startups and are eager to quit for the next venture as soon as the opportunity presents itself.

vyrotek• 14 years ago

Absorbed

leeskye• 14 years ago

Props to John and Zach. These are two really smart guys any company would be proud to have.

pork• 14 years ago

I don't mean to be a hater, but does every acquisition story have to have a comment like this? If you want to congratulate them, use email or a phone call! If you want to show that you know them personally, please realize that bit of information doesn't contribute to the discussion. A semi-anonymous comment on HN will not make them feel particularly special or appreciated, and is not required by etiquette either.

Sorry, I just had to speak up in my personal bit effort to try and keep this a meaningful place.

pg• 14 years ago

Actually lightweight but pleasant comments seem to be harmless. It's lightweight but mean or stupid comments that are the problem. As in the physical world.

aremie• 14 years ago

Sendoid is/was a great service! Too bad, it's shutting down.

seminal• 14 years ago

Expresso is a nice idea. Somebody should fill this vacuum, definitely.

Facebook acquires team behind YC alum Caffeinated Mind

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