Acqui-Hire
What is an Acqui-Hire?
An acqui-hire is a type of acquisition in which a company is purchased primarily to gain access to its talented employees, rather than its products, services, or technology. Startups are often acqui-hired to quickly bring on board skilled teams, especially in the technology sector, where experienced developers and engineers are in high demand.
Reasons for Acqui-Hires
- Talent Acquisition: Gaining access to a skilled and experienced team.
- Speed to Market: Quickly bringing in talent to accelerate product development.
- Eliminating Competition: Acquiring a startup that could pose a threat in the future.