It seems to me that the real winners in such deals are the investors. They put some money into this company, those dudes work extremely hard for a year, while the investors chillax, then they sell off. The investors make a nice chunk of change, while these dudes transfer to another company where they will continue to work extremely hard for another year or more.<p>To me, 'startups' are not really companies. They are vehicles for speculative activity by a certain class of people. All those drones being encouraged into spending so much time working in these companies so that investors will make money could also work on creating real businesses that they own and that will make them real money.
Loved the quote from Evan Beard:<p>"Remember that your mind is a fortress of impenetrable happiness."<p>Common words of wisdom that never seem to be taken to heart nearly enough. Reminded me of another gem from Daniel Gross of Greplin:<p>"It’s very important to constantly tell yourself if anything, how lucky you are to be here in the first place. Even if you aren’t in the valley, remember how lucky you are to live in the 21st century."<p>Congrats Art! Thanks for showing us what fortresses can do ;)
I'm more curious about whether or not the founders felt Fanvibe's business model was a successful one. Did they feel they reached an optimal product/market fit? Or was there potentially more to give?<p>I've been doing research in the space(s) of sports & gaming, particularly in-game predictions, which I think can be super compelling in the right context. While I wasn't that enthralled with other aspects of the product, I.E. checking in to games (why, when I can just use a location-based service?), trash talking with other fans (can do that via social media, along with team-centric blogs/forums) etc, it seemed like Fanvibe was ahead of the curve with this in-game prediction element; at least from a non-gambling perspective.<p>Just curious what their thoughts were on this.
Congrats!<p>And I have to say, I've rarely seen a post about being acquired that sounded so <i>happy</i> about it. Really seems like you'll enjoy working at beRecruited, so best of luck to you!