It is not only tech start-ups that do that. Big tech companies regularly kill or sell off divisions or product lines. Most times, a start-up might still be on its first product line, which makes you think selling off their single product line or single division in this instance the whole company to be different from what the tech giants do when they sell or kill off product lines or divisons.
Start-ups with more than one product line, sometimes sell off one product and keep the rest acting thesame way big companies do. So, Yext a start-up sold their Felix product line to IAC eg:
I have shown above, an example of start-ups and giants selling a product line. You can Google around for example of tech giants and start-ups with more than one product, killing off a product line.
Start-ups with more than one product line, sometimes sell off one product and keep the rest acting thesame way big companies do. So, Yext a start-up sold their Felix product line to IAC eg:
http://techcrunch.com/2012/08/20/iac-buys-yexts-pay-per-call...
An example of a giant doing thesame thing:
http://techland.time.com/2012/04/26/google-sells-sketchup-wa...
I have shown above, an example of start-ups and giants selling a product line. You can Google around for example of tech giants and start-ups with more than one product, killing off a product line.