Ask HN: Is it common that a startup gets acquired without informing their users?

5 pointsseapunk3 comments

Hi, I’m the co-founder of Threader, a Twitter client that curates good threads and compiles them in an article format.

One of our competitors was acquired by a US company 7 months ago. They didn’t communicate about it and still pretend to be indie developers. They even kept their Patreon, which is misleading since users might think they’re supporting indies.

I was wondering if people from the HN community have already heard of similar cases.

For analogies, look to the craft beer industry. You get a sort of "we are going to start a very similar underpriced brand, or invest in you, or buy you outright, which do you prefer?" From the mega competitor.

i think the post is more about how their competitor(copycat?) developed by an indie developer got acquired by a company and they still act like if nothing happened. Which means there is a company buying an indie made product, with the deal that they will not reveal that they got purchased, and than keep using the "indie" image to make better profit via Patreon..

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