Because the people who ran the product are more useful working on other projects... | Hacker News

Hacker News new | past | comments | ask | show | jobs | submit

login

timaelliott on June 29, 2012 | parent | context | favorite | on: Ask HN: Why do acquiring companies close acquisiti...

Because the people who ran the product are more useful working on other projects than pursuing something the company clearly felt was a failure.

yoonminn on June 29, 2012 [–]

so a product with good brand and following has not much value without the original founders and teams ? Can't the product be run by a different team and company?

There are many situations where another company could see value in buying a product that the acquirer is no longer interested in maintaining.

Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact