Anyone who would have worked long enough in a big company would tell you that there's little scope for innovation in such firms. And it’s not that companies develop such a culture on purpose.
The end goal for every founder is an exit that benefits everybody including the startup itself. It is this final decision that determines the final gains of founders, investors and employees. Failing to identify the right exit time can wipe off thousands or even millions of dollars from stakeholders’ wealth.
India is gearing up for a tech IPO boom. Zomato’s dream listing on the exchanges marks the start of a new era for India’s tech industry. A number of startups, from Flipkart to PolicyBazaar to Nykaa, are set to come out with their IPO offerings soon. And many more are in the process of readying their plans.
In 2013, when Amazon acquired a little known one-year-old startup EVI Technologies, one would have hardly imagined the value it would bring to the e-commerce company. But now we know how important that deal was. The $26 million buy played a key role in development of Alexa, the digital assistant which is now one of the central projects of Amazon.
The tech giants that we know today didn't grow naturally to this size. They owe their rise to hundreds of acquisitions spanning over decades. These deals — some big but mostly small — are worth knowing about. As a lot has already been written on the defining tech deals like Facebook-Instagram and Google-Android, we decided to compose a list of those successful acquisitions that didn't get their fair share of popularity.