Another gem from Maciej Ceglowski:
Whether or not this is done in good faith, in practice this kind of ‘exit event’ is a pump-and-dump scheme. The very popularity that attracts a buyer also makes the project financially unsustainable. The owners cash out, the acquirer gets some good engineers, and the users get screwed.
In a perfect world, Maciej and I would sit down with a fine tequila and discuss our ludicrous choice to building a company that makes money.