Acquiring Quote by Biz Stone
“If you're thinking of acquiring a company and want to keep it a secret, tell everyone in the company; let them all in on the truth. Say, 'Listen, if this gets out, we'll probably lose the deal, so we're all in this together.'”
About This Quote
Source Speech: Business advice interview, 2005
Transparency with employees builds trust and aligns everyone toward the goal, reducing leaks and fostering collective responsibility.
In simple terms: Tell staff the truth to keep them aligned.
Share the plan openly.
Themes
Mood
Type
When to use this quote
- mergers
- startup acquisitions
- team meetings
Key Concepts
Questions to Reflect On
- How can you protect sensitive info while being honest?
- What safeguards help maintain confidentiality?
If employees feel threatened, they may leak anyway.