I really dislike that startups are acquired so often just so they are discontinued by larger companies. It feels very disingenuous. As if the only point is to be acquired and get a sizable amount of money.
It seems it is the only point in many cases. As an example, consider the vast amount of superfluous twitter-helper apps that were endlessly sprouting up a couple of years ago. I don't think many of them were seriously intending on starting a legitimate business out of a web application that helps twitter users keep track of the followers that didn't follow them back.
But I think a part of me would hate to see my blood, sweat and tears poured down the drain by a large company intent on remaining where they are (not that Twitter did exactly this but you get my meaning).