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Strategic Silence and Diligence in Acquisitions
During the acquisition process with Amazon, there was a period of intense silence and diligence where the founders couldn't discuss the deal with anyone, dedicating 18 hours a day to due diligence. The fear of Amazon potentially developing their product independently drove the decision to sell. However, it was revealed that Amazon's focus on commerce rather than social metrics would have hindered their success in building a social product.