Founders who accept acqui-hire exits often have to agree to concessions, says Ivan Gaviria, a partner with law firm Gunderson Dettmer LLP in Redwood City, Calif.

WSJ: Start-Ups Get Snapped Up for Their Talent

It looks like this was an acqui-hire for talent.

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In this environment, a world apart from the early frontier days of the Internet, hackers today universally exhibit a certain mercenary sensibility, cannily juggling multiple offers, playing judge in hustler beauty contests at hackathons, planning acqui-hire trajectories, and in general maximizing their value as the stewards of the new body of technical knowledge.

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