An acqui-hire is the purchase of a company for their employees rather than their product/service. Acqui-hires are typically completed in tech startups due to the fierce competition for talent and the general lack of capital constraints—e.g. the going rate for an engineer is often more than $1 million. Google, Facebook, Apple, Twitter, Hubspot, and Dropbox are just a few of the large tech companies that have recently completed an acqui-hire.