Re: [newtech-1] MakerBot Sold

From: Mike Bittle
Sent on: Wednesday, June 19, 2013 6:33 PM
Touche

But I will note that deal announce was april 2012 and closed sept 2012.... clock is still ticking.

And there's an inherent leanness in cloud/software startups the limit redundancies... hardware companies and companies over 50 employees not so much.

...film at 11:00

Mike



On Wed, Jun 19, 2013 at 6:20 PM, Glen DaSilva <[address removed]> wrote:

Facebook has kept all 13 instagram employess :)

http://www.vanityfair.com/business/2013/06/kara-swisher-instagram

 

 

From: [address removed] [mailto:[address removed]] On Behalf Of Mike Bittle
Sent: Wednesday, June 19, 2013 5:55 PM
To: [address removed]
Subject: Re: [newtech-1] MakerBot Sold

 

From the article:  "MakerBot will continue to exist as a distinct brand and as a separate subsidiary with management remaining intact."

 

To which I add ....for about 18 mos, unless there are significant tax loss carry forwards.

 

And from my own blogpost (for when the acquiring management team address those acquired)  "By the way, standing up at the company meeting and saying “we love you guys, nothing will change, just keep doing what you’re doing” is perceived, rightly or wrongly, as bullshit.  Always."

 

Mike

 

Michael Bittle
M L Bittle - New York
'Adult Supervision' for startups and new ventures, 'Targeted Disruption' for mature businesses.
[address removed]
+1.[masked]
http://www.mlbnyc.com

"Science, it turns out, is not an exact science" - me


            

 

 

On Wed, Jun 19, 2013 at 5:11 PM, Jonathan Hirschman <[address removed]> wrote:

http://www.fastcompany.com/3013280/fast-feed/stratasys-announces-purchase-of-makerbot

Well, no hardware startup has gotten to IPO yet, but I think that this is a seminal event - the same way that Netscape's IPO put Internet startups on the map.



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