Everyone knows the tale of Brand X getting bought out by some faceless global conglomerate and going to shit, but does the opposite ever happen?
Everyone knows the tale of Brand X getting bought out by some faceless global conglomerate and going to shit, but does the opposite ever happen?
I don’t think we should be too surprised by this. If a company isn’t all that good before a conglomerate buys it, then it’s unlikely to be widely known. Conversely, if a small company is widely known, it’s likely to be exceptionally good. So, even if acquisition usually just results in regression to the mean, we’ll still mostly have heard of ones that degraded the company.