Chapter
Acquisition Failures and House of Cards
49:47 - 52:47 (03:00)
The CEO described how a company he knew got acquired, lost its core business asset, and ultimately was unable to sell the company. He also recognized the unstable nature of a company without a stable product.
Clips
The speaker discusses an acquisition strategy in which a company's core business asset is taken away, ruining their ability to sell, and allowing for the purchase of the company for pennies on the dollar.
49:47 - 51:05 (01:18)
Acquisition
Summary
The speaker discusses an acquisition strategy in which a company's core business asset is taken away, ruining their ability to sell, and allowing for the purchase of the company for pennies on the dollar.
ChapterAcquisition Failures and House of Cards
Episode#222 - How to Get a Slice of Harvard's Billion Dollar Case Study Industry
PodcastMy First Million
The startup acquired 40-50 employees but lost them all in six months due to flimsy revenue and an unstable product.
51:05 - 52:47 (01:41)
Startups
Summary
The startup acquired 40-50 employees but lost them all in six months due to flimsy revenue and an unstable product. The founder got into trouble again and the company fell apart, but he has since started another company.