So, we all know about the Facebook acquisition of Instagram. When that happened, I went out and searched for a replacement. I had just started using Instagram (when it came out for android) so it was a bit of a 'meh' moment. Eventually, I settled on the LightBox Photo app. A decent little app for wasting time by messing with photo filters.<p>Now, it appears Facebook has bought them and they are closing down. :(<p>Am I the only one who's put off by the massive acqui-hiring that Facebook is doing? To me, it speaks of a lack of internal innovation.
Stop complaining. If you built your own company and were offered to be "acqui-hired" you most likely would take it! There are some businesses that are viable enough to stand on their own - but the majority of startups in our industry are BUILT to be acquired, what happens to them is really an exercise for evolution in the ecosystem we all participate in.<p>If my company were offered to be acqui-hired, I would take it (assuming the offer was reasonable!). You probably would too.