I think most VCs would rather see the company stick it out and go for the hockey-stick &amp; IPO.  An acquihire is a blip on their returns; it&#x27;s basically worthless.  They&#x27;re usually arranged as a courtesy to <i>founders</i>, so that if you work your butt off for 3 years, do everything right, and <i>still</i> don&#x27;t find success, you don&#x27;t leave with hard feelings toward the other people you worked with.<p>You get acquihires when the assumptions behind the company&#x27;s business model have been proven false and there&#x27;s basically no way to solve it other than rebooting the company.  Arguably this is an argument to <i>not take VC until you&#x27;ve got the hockey-stick trajectory</i>, so you can pivot &amp; reboot at will without dissolving an existing organization.  But even this sucks for customers, if you have any.