In many cases the acquiring company shares investors or board members with the acqui-hired entity.
To put it neutrally, VC partners are treating these are parts of their same portfolios, so if one team doesn't pan out on its own, it can be merged into another with somewhat similar overall goals or markets.
To put it more pointedly, it's perhaps all about who one knows and making sure that everyone gets to tell a story of successful exits.
To put it neutrally, VC partners are treating these are parts of their same portfolios, so if one team doesn't pan out on its own, it can be merged into another with somewhat similar overall goals or markets.
To put it more pointedly, it's perhaps all about who one knows and making sure that everyone gets to tell a story of successful exits.