It is a win-win for the principals. I worked for one such company for 10 years and made my immediate boss a multimillionaire by my sweat. I was a level down, so made some decent money, but nothing like his. That is not to take away from his hard work either. But only the Principals really won. I ended up needing to get another job as the company was slowly digested by the bigger outfit. The product was left to slowly die while they milked what they could out of it.
It is great for the smaller company principals, but for the competitive industry and the workers of the smaller company, many times it is not so great. I'm not arguing about the reason for business, have been there several times, including my current company, but it is not quite as rosy as you portray it. -- Bruce Monday, June 26, 2006, 10:57:50 AM, you wrote: GD> While I agree with John that we don't have enough information to GD> judge anything, it's quite likely that the folks at Pixmantec GD> probably went into business with a goal of selling the company when GD> it proved to have value. That's how you make money in the software GD> business... GD> Friends of mine sweated blood for eight years on a little software GD> company. Their product was deemed very valuable and they sold the GD> company to a big name in the field. Each of the principles retired as GD> a several times over multi-millionaire while still in their forties. GD> That was the goal when they started the effort. GD> Business is business. I would congratulate Pixmantec for making a GD> good bundle on their work, and Adobe for recognizing that their GD> product had value which will likely now be enabling an even larger GD> community of photographers who use Adobe due to the excellent GD> reputation of the brand in producing creative graphics and imaging GD> software products. It's a win-win situation. GD> Godfrey GD> On Jun 26, 2006, at 10:28 AM, John Francis wrote: >> I think we know far too little to make snap(sic) judgements. >> Was this a hostile buyout by Adobe? I doubt it - I wouldn't >> have thought the Raw Shooter folks were publicly traded. >> Who took the first step? Perhaps the lead engineer (or CTO) >> decided he wanted to work for Adobe. >> >> >> On Mon, Jun 26, 2006 at 08:59:04AM -0700, Bruce Dayton wrote: >>> Boy, that wreaks of Microsoft. Rather than try to beat the >>> competition, just buy it out and pluck it apart for some juicy >>> morsels. This is really too bad, competition is a healthy ingredient >>> in our software futures. >>> >>>> http://www.dpreview.com/ -- PDML Pentax-Discuss Mail List [email protected] http://pdml.net/mailman/listinfo/pdml_pdml.net
