An acquisition is always a failure

“An entrepreneur is someone who, almost artistically, designs a living entity which embodies the values, beliefs, and ambitions of the creator. It’s impossible for a larger entity to swallow a smaller one without completely reshaping it. When this process begins, a wild visionary – the entrepreneur type – is the most toxic, indigestible actor imaginable. And this is why I roll my eyes when a new acquisition is announced: Because I don’t see it as a triumphant graduation but a sacrifice to an industry that is afraid to dream big.”
– Jake Lodwick

An acquisition is always a failure, by Jake Lodwick

(via Michael)

11 Comments leave a comment below

  1. I disagree. An acquisition is not a failure if that is the intended goal.

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  6. hmmmm…interesting points…

    Although I’d like clarity on the definition of “completely reshaping it”…

  7. I always feel a pang in my heart when I hear about entrepreneurs who are in it just for the exit. This quote is why. The ones that are in it because they are passionate about the service or product, and not care to exit, tend to better the greater good.

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