Comment by makecheck
8 years ago
This seems like an odd move that I would have expected investors in GitHub to oppose for the sake of preserving one of GitHub’s biggest advantages: its large number of projects (to the point where it seems like practically everything is on GitHub).
You see, whether or not it’s justified, some projects invariably will leave GitHub simply because it’s Microsoft. And then, GitHub will no longer feel like a place where most projects exist. And really, GitHub isn’t perfect: projects overlook a lot of minor imperfections in GitHub’s actual product because there are so many projects on GitHub and the usefulness of the networking outweighs the warts here and there.
Why would investors care? It's a payday for them.
Current investors are going to be bought out in cash or MSFT stock.
They don't call them "exits" for nothing - once a company is acquired, you have exited the market and no longer care about the future of the company, except insofar as it affects your payout at acquisition time.
They have reached the end goal of the big buyout. What more could they possibly want?