Jason M. Lemkin

Once you’ve been a VP at a BigCo … you realize … it’s not worth it.  Not usually.

First, if it’s at all a talent acquisition — you want to keep the talent, not let it go.

Second, it’s a distraction.

Third, a write-off is a write-off.  Writing off $90m of a $100m acquisition in one fell swoop is a lot easier than sell it for $10m, write off $90m, and deal with months of de-integration issues, support agreements, and all that.  Wall Street isn’t going to care if you write off $90m instead of $100m.

Just like buying something is easy … so is shutting something down.  It’s “easier” than gracefully transitioning it to a new home.

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