this post was submitted on 24 Apr 2024
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Money talks.
When the owners of a private company are offered millions more than they'll likely make over the nest ten years, the odds of selling are very high.
Look at all the software devs that gets bought.
There's also few but existing examples of people that resist the selling urge, like the VLC dev
The story is literally about a funding round for Framework. Those investors don't just give away the money. They buy a stake in the company.
Yes, the exception. That simply supports my argument.
And we're talking about stuff we see. Again, I bet you'd never heard of FolderShare or UbiBoot before I mentioned them here, and those are just 2 tools of many that I've lost to acquisitions over the years.
How many other tools/products have companies quietly acquired and killed that we don't know about?
VLC
Exceptions are possible. Money isn't everything for everyone.
Exceptions are possible.
And being exceptions proves the norm.
I've seriously lost countless tools because MS acquired them and shut them down. Thousands of dollars gone.
I'm not holding my breath.