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)
May 11th, 2005 at 9:15 pm
A really really really really really nice signing bonus.
May 11th, 2005 at 9:20 pm
Well, I’d say getting “acqhired” by Google is like being a first round draft choice.
May 11th, 2005 at 9:23 pm
That rules. I’m totally trackbacking to that one.
May 11th, 2005 at 9:28 pm
Reminder: Last year’s first round draft pick in the NFL was Eli Manning who signed a six-year, $54 million contract with about $20 million guaranteed. I doubt these guys were in that neighborhood — first round perhaps, not number 1, however. I think they would have needed some revenues to go higher in the draft. But hey, I’m just a fantasy league player.
May 11th, 2005 at 10:36 pm
Then again, a lot of first overall picks get way too much money as compared to what they deserve.
May 12th, 2005 at 12:59 pm
A good artical on getting acqhired:
http://www.paulgraham.com/hiring.html