Google acquires(?) Dodgeball.com: But really…When a public company with a market cap of $64.1 billion “acquires” a two-personcompany, isn’t that more like a “hire” with a signing bonus?
Update: Okay. I’ve come up with the term:
Acq-hire
Update II: I apologize but my seo radar suggests I should include in this post a definition of acqhire:
Acqhire – When a large company “purchases” a small company with no employees other than
its founders, typically to obtain some special talent or a cool concept. (See, also: NFL first round draft signing bonus; book publishing “advance” after publisher bidding-war.)
(via PaidContent)
