Receipt

    Filed May 4, 2026

    Called it.

    The short version

    Paul Graham predicted on October 1, 2007: “As the volume of startups increases, big companies will start to develop standardized procedures that make acquisitions little more work than hiring someone.” Verdict: Called it. Acqui-hires became a recognized category through the 2010s; FAANG ran near-continuous tuck-in M&A pipelines.

    Prediction by

    Paul Graham

    On October 1, 2007

    As the volume of startups increases, big companies will start to develop standardized procedures that make acquisitions little more work than hiring someone.

    Follow-up

    Acqui-hires became a recognized category through the 2010s; FAANG ran near-continuous tuck-in M&A pipelines.

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