Sunday, August 12, 2012

In ?Bittersweet? Deal, Digital Ad Company AppNexus Acqui-Hires Fantuition

appnexus logoJust as the tech press was busy talking about the first academic paper on acqui-hires, another acqui-hire deal closed, with online ad company AppNexus acquiring fantasy sports startup Fantuition. Co-founder and CEO Pat McCarty announced the deal in a blog post that also recounts some of Fantuition's history and discusses McCarty's feelings about being acqui-hired (or, as he spells it, "acqhired", because no one can agree on the spelling of this awkward, awkward word) ? in other words, getting acquired by another company just so that they can hire your team, while your product gets shut down.

Source: http://feedproxy.google.com/~r/Techcrunch/~3/1LmwpfhLqQo/

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