Possible Exit Scenario for Startup

Algowork (now AlgoworkIn), after three years of existence and with series C funding, was eventually acquired by Microsoft, as part of LinkedIn.

Acquisition occured after realizing that mission statements of both LinkedIn and Algowork are matching. LinkedIn’s mission statement is: “to connect the world’s professionals to make them more productive and successful”, which made Algowork extend the primary market to professionals interested in changing their career, not only college students and high schoolers.

The outcome was positive to all four founders. Acquiror embraced their skills and experience so they all enjoy now the possibility to develop their product with bigger market, more resources, high and stable salaries, and benefits.