To Sell or Not to Sell: Silicon Valley Acquisitions Market Heats Up | Fast Company

November 26, 2009

One of the Valley’s recent poster boys for this phenomenon is Joshua Schachter, who sold his social bookmarking service Delicious to Yahoo in 2005 for a reported $30 million. This summer, on an online discussion board, he told a commenter that Yahoo has “killed a lot of good startups, wasted a lot of engineers’ time, etc.” In summation, he added, “I wish I hadn’t sold [Delicious] to them.

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