The Dehumanization of Acquisitions
Saying goodbye is death by a thousand cuts â How to make M&A a bit more human.
This is happening. But itâs not happening to me. I choose what happens.
I said these words again and againđa grounding mantra to steady my displaced soul. The startup I helped build was acquired in early 2021. As ready as I was for that chapter to end, I had no idea how soul-crushing the due diligence process would be. Everyone assured me that was just the nature of mergers and acquisitions (M&A). But, when it was all over, I still felt awful.
Over a decade ago, I was in a car accident. My last thought before blacking out was, this is it. When I woke up, I looked at my hands; I couldnât believe they were my hands. I left a car crash without a visible scar, but I wasnât okay.
The acquisition didnât leave a visible scar, and yet I wasnât okay.
The acquisition renegotiated the norms and rules that bound me. It was like a breakup.
Due diligence is not for the faint of heart. I had to both defend my work and get comfortable with destroying it. All the pieces that made my work meaningful and played into my sense of self crumbled. So, I resigned.