Anyone knows what is going to happen to those CA Accelerator incubation projects? Are they going to be sc-apped or any of them will be continued based on their progress?
5 replies (most recent on top)
All science projects will get kicked to the curb. Look at any of the previous acquisitions.
I remember that science experiment comment in townhall. He said only wants to buy the best and gave the example of how different companies are creating VR but no winner yet. He said let them figure it out and he will buy the one that wins the battle. Tan only wants stuff that makes money.
Hock Tan has publicly stated he does not believe in science experiments. This was said in no uncertain terms during the joint town hall with MG and Hock. If it's not profitable by now it is gone.
The Founders definitely know by now so ask them. Some accelerator developers have already moved back to regular CA products.
These were massive money sinks. None ever made a dime.
CA has not had an organically produced product in decades.