I'm guessing everyone who works at a big company and used Secret was hoping that said big company didn't acquire Secret's assets when they folded.
It does always make me think twice before committing to using a startup's product, you never know who is going to fail and sell assets to the highest bidder, or who is going to get acquired by a big company whose ideals you don't like.
The problem is that oftentimes, the data is one of a company's most valuable assets, so you can't just make it off-limits since that would erase a lot of the value. I just wish there was a better legal framework to handle these kinds of situations.
It does always make me think twice before committing to using a startup's product, you never know who is going to fail and sell assets to the highest bidder, or who is going to get acquired by a big company whose ideals you don't like.
The problem is that oftentimes, the data is one of a company's most valuable assets, so you can't just make it off-limits since that would erase a lot of the value. I just wish there was a better legal framework to handle these kinds of situations.