I know almost nothing (I read the article but that's all) but my gut tells me it could have been a "scoop this potential competitor up early" as there was so much overlap between Socratic and what Google research is doing. Could also have been a "we need a product to justify this research work, and Socratic is a good one." Or it could just straight be an acquihire ¯\_(ツ)_/¯
Normally I'd consider it an acquihire when a company acquires a startup / smaller company and immediately announces the discontinuation of the product. Less so if there's an attempt to continue developing the product, even if it eventually gets shut down.
That's an interesting word. I assume it's when a large company buys your startup just to have access to the talent, without much regard for the startup's product? What sorts of offers do they make to the founders?
Varies heavily depending on background labor market. In 2021: $1M+ per solid engineer. These days it's closer to $0 as they're not aggressively hiring and plenty of talent floating around.
Aquire a company not for the product, but to hire specific people working there. Like experts in a field. For instance if you have a competing product and want to build something using expertise or if you think the technology can be applied elsewhere.