BI Year-Ender: Five surprising startup acquisitions in 2016

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BI Year-Ender: Five surprising startup acquisitions in 2016

2016 will be notoriously known for the unexpected it brought with it; from elections to deaths, it has been the year of more endings than beginnings. In the startup ecosystem, too, we saw many shocking acquisitions and while we do know that most start-ups will shut down or get acquired, we didn’t expect some popular names to quit the rat-race so soon. To give you a perspective, in 2015 114 startups were acquired as compared to the 148 in 2016, as off now.

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We created a list of five unexpected startup acquisitions that had us wondering what went wrong.