instapotatoed
the act of a company/start-up being acquired and summarily shut down with the apparent goal being to acquire the talent of the instapotatoed company.
originated from the $10m acquisition, and subsequent instant shut down, of check-in service hot potato by facebook
sam: dude did you hear that gowalla got instapotatoed by facebook?
max: yea i lost all my check-ins… it was like i was never there and i have to start all over again =(
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