text
𝐄𝐦𝐛𝐫𝐚𝐜𝐞𝐝 𝐛𝐲 𝐇𝐮𝐠𝐠𝐢𝐧𝐠 𝐅𝐚𝐜𝐞: 𝐭𝐡𝐞 𝐈𝐧𝐬𝐢𝐝𝐞 𝐒𝐭𝐨𝐫𝐲 𝐨𝐟 𝐎𝐮𝐫 𝐒𝐭𝐚𝐫𝐭𝐮𝐩’𝐬 𝐀𝐜𝐪𝐮𝐢𝐬𝐢𝐭𝐢𝐨𝐧
𝐄𝐦𝐛𝐫𝐚𝐜𝐞𝐝 𝐛𝐲 𝐇𝐮𝐠𝐠𝐢𝐧𝐠 𝐅𝐚𝐜𝐞: 𝐭𝐡𝐞 𝐈𝐧𝐬𝐢𝐝𝐞 𝐒𝐭𝐨𝐫𝐲 𝐨𝐟 𝐎𝐮𝐫 𝐒𝐭𝐚𝐫𝐭𝐮𝐩’𝐬 𝐀𝐜𝐪𝐮𝐢𝐬𝐢𝐭𝐢𝐨𝐧
new_line
new_line
text
In late 2021, our team of five engineers, scattered around the globe, signed the papers to shut down our startup, Gradio. For many founders, this would have been a moment of sadness or even bitter reflection.
In late 2021, our team of five engineers, scattered around the globe, signed the papers to shut down our startup, Gradio. For many founders, this would have been a moment of sadness or even bitter reflection.
new_line
new_line
text
But we were celebrating. We were getting acquired by Hugging Face! 
But we were celebrating. We were getting acquired by Hugging Face! 
new_line
new_line
text
We had been working very hard towards this acquisition, but for weeks, the acquisition had been blocked by a single investor. The more we pressed him, the more he buckled down, refusing to sign off on the acquisition. Until, unexpectedly, the investor conceded, allowing us to join Hugging Face.
We had been working very hard towards this acquisition, but for weeks, the acquisition had been blocked by a single investor. The more we pressed him, the more he buckled down, refusing to sign off on the acquisition. Until, unexpectedly, the investor conceded, allowing us to join Hugging Face.
new_line
new_line
text
For the first time since our acquisition, I’m writing down the story in detail, hoping that it may shed some light into the obscure world of startup acquisitions and what decisions founders can make to improve their odds for a successful acquisition.
For the first time since our acquisition, I’m writing down the story in detail, hoping that it may shed some light into the obscure world of startup acquisitions and what decisions founders can make to improve their odds for a successful acquisition.
new_line
new_line
text
To understand how we got acquired by Hugging Face, you need to know why we started Gradio.
To understand how we got acquired by Hugging Face, you need to know why we started Gradio.
new_line
new_line
text
𝐀𝐧 𝐈𝐝𝐞𝐚 𝐟𝐫𝐨𝐦 𝐭𝐡𝐞 𝐇𝐞𝐚𝐫𝐭
𝐀𝐧 𝐈𝐝𝐞𝐚 𝐟𝐫𝐨𝐦 𝐭𝐡𝐞 𝐇𝐞𝐚𝐫𝐭
new_line
new_line
text
Two years before the acquisition, in early 2019, I was working on a research project at Stanford. It was the third year of my PhD, and my labmates and I had trained a machine learning model that could predict patient biomarkers (such as whether patients had certain diseases or an implanted pacemaker) from an ultrasound image of their heart — as well as a cardiologist. 
Two years before the acquisition, in early 2019, I was working on a research project at Stanford. It was the third year of my PhD, and my labmates and I had trained a machine learning model that could predict patient biomarkers (such as whether patients had certain diseases or an implanted pacemaker) from an ultrasound image of their heart — as well as a cardiologist. 
new_line
new_line
text
Naturally, cardiologists were skeptical... read the rest of the story here: 
Naturally, cardiologists were skeptical... read the rest of the story here: 
link
https://twitter.com/abidlabs/status/1745533306492588303
https://twitter.com/abidlabs/status/1745533306492588303
𝐄𝐦𝐛𝐫𝐚𝐜𝐞𝐝 𝐛𝐲 𝐇𝐮𝐠𝐠𝐢𝐧𝐠 𝐅𝐚𝐜𝐞: 𝐭𝐡𝐞 𝐈𝐧𝐬𝐢𝐝𝐞 𝐒𝐭𝐨𝐫𝐲 𝐨𝐟 𝐎𝐮𝐫 𝐒𝐭𝐚𝐫𝐭𝐮𝐩’𝐬 𝐀𝐜𝐪𝐮𝐢𝐬𝐢𝐭𝐢𝐨𝐧

In late 2021, our team of five engineers, scattered around the globe, signed the papers to shut down our startup, Gradio. For many founders, this would have been a moment of sadness or even bitter reflection.

But we were celebrating. We were getting acquired by Hugging Face! 

We had been working very hard towards this acquisition, but for weeks, the acquisition had been blocked by a single investor. The more we pressed him, the more he buckled down, refusing to sign off on the acquisition. Until, unexpectedly, the investor conceded, allowing us to join Hugging Face.

For the first time since our acquisition, I’m writing down the story in detail, hoping that it may shed some light into the obscure world of startup acquisitions and what decisions founders can make to improve their odds for a successful acquisition.

To understand how we got acquired by Hugging Face, you need to know why we started Gradio.

𝐀𝐧 𝐈𝐝𝐞𝐚 𝐟𝐫𝐨𝐦 𝐭𝐡𝐞 𝐇𝐞𝐚𝐫𝐭

Two years before the acquisition, in early 2019, I was working on a research project at Stanford. It was the third year of my PhD, and my labmates and I had trained a machine learning model that could predict patient biomarkers (such as whether patients had certain diseases or an implanted pacemaker) from an ultrasound image of their heart — as well as a cardiologist. 

Naturally, cardiologists were skeptical... read the rest of the story here: https://twitter.com/abidlabs/status/1745533306492588303
❤️
osanseviero BrigitteTousi EmilyWitko jeffboudier samusenps harpreetsahota tomaarsen alielfilali01 radames gsarti vinidlidoo pierrci Tonic chansung DopeorNope woolr clem Sd1p ysharma lunarflu susnato rwightman dvilasuero
🤗
BrigitteTousi samusenps harpreetsahota tomaarsen gsarti Tonic chansung woolr sbarman25 clem Sd1p kramp lunarflu
🤝
lunarflu
🤯
lunarflu
https://cdn-avatars.huggingface.co/v1/production/uploads/63691c3eda9b693c2730b2a2/hBtKpgo3_9003MWCGkw5d.png
Brigitte Tousignant
BrigitteTousi
user