alt Hacker NewsFrom the previous press about the aquisition:
BendingSpoon CEO: "At Bending Spoons, we acquire companies with the expectation of owning and operating them indefinitely, and we look forward to realizing Vimeo’s full potential as we reach new heights together"
Vimeo CEO: "We are excited about this partnership, which we believe will unlock even greater focus for our team and customers as we continue to strive towards our global mission to be the most innovative and trusted video platform in the world for businesses"
Words no longer appear to mean things. While this isn't a surprise, it provides another data point that there can be no trust given to leaders words. I find it sad as it simply re-inforces this behaviour and normalises it.
Replies
Nothing the bending spoons ceo said isn’t true. They are still operating Vimeo.
As others mentioned, the statement seems true.
But even more, it seems like the statement implies layoffs if they are acquiring a startup or growth-orient company. Bending Spoon is saying they intend to run the web site/web app as-is and make money. That means they will discard employees who have been employed with hope of growing/pivoting/etc the company. In start-ups, that can be a lot of the employees.
Of course words don't actually mean anything.
I've been through this myself once upon a time I was at a company and the way they described it is they just changed owners habitually.
Within about 4 months of this ownership change they fired my entire office. Luckily I was already some place new.
Things happen. Times change. It's just as important to know when to throw in the towel as it is to know when to persevere.
After reading through the other comments about bending spoons and reading yours again: the bending spoons CEO is technically telling the truth! They intend to run the acquired companies forever. After cutting most of the staff, but he didn’t say that part of course.