I think there are 2 parts here. That persona you’re describing (startup cofounder or engineer being paid mostly in equity) is a good subset of the people here. If I had to pull a number out of my shiny metal ass, I’d say it’s 30%. Those people both loath big tech, and dream of the day they are acquired by it. It’s not really the contradiction you think it’s. Another 45% of people here are tech-savvy Reddit refuges who say Reddit things.

As to why would those company acquire a startup instead of having an agent generate it for them. Why has big tech ever acquired tech startups when they could have always funded it in house? It’s not always a technical answer. Sometimes it’s internal Political fights, time to market, reduce competition, PR reasons or they just wanna hire the founder to lead a team for that internally and the only way he’ll agree is if there is an exit plan for his employees. I sat in “acquire or build” discussions before. The “how hard would it be to just do that?” Was just one of many inputs into the discussion. Ever wondered why big big companies acquire a smaller one, not invest in it, then shut it down few years later?