The company running MyQuire, a productivity centered social network that enables users to manage tasks, photos and projects has been acquired. There aren’t much details about this acquisition so far as CEO Michael Dawson states that the buyer doesn’t want his name out. However there was an e-mail mentioning the acquisition:
We have some big news! After nearly two years of building MyQuire, we have been acquired. We have had a great time working with you, and couldn’t have gotten here without your help.
As part of this deal, we will no longer be able to operate MyQuire.com. Services on the platform will end January 1, 2009. We apologize for any disruption to your work.
We aren’t sure as to how far they actually got for the company hadn’t been making any news for almost a year. Any clues?
I personally have a huge problem with these kind of acquisition. That kind of acquisition communicate the wrong message to potential users, like MF just said: his company wouldn’t rely on online collaboration tools.
As the CEO of a startup that develop a platform for freelancers and small businesses [ http://www.octabox.com ], I don’t want to think how that would impact my business. [we're spending lot of money and energy on making our tools more reliable for a reason]. Users will be more careful before trusting a startup with their business.
I’d personally wouldn’t accept any acquisition offer that would mean shutting down my business without giving them a proper way to move their data to a tool of their liking (and no, redirecting your users to huddle isn’t a solution either).
Anyway , I am happy for Mike dawson
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