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What's the point of buying it back, if he can just start another similar company and siphon off many active, disgruntled users? Yeah, you don't get to keep the
by oh_sigh 7y ago
What's the point of buying it back, if he can just start another similar company and siphon off many active, disgruntled users? Yeah, you don't get to keep the already registered userbase, or the brand, but I think former users would flock to it if they knew the original people were in charge of this product.
Is there something in the contract that they can't start a competing product within X years, but could do a buyback?
- chrisked 7y agoNo, they never signed a non-compete (https://twitter.com/christianreber/status/1170660715998449665 https://twitter.com/christianreber/status/117066071599844966...) Also building a brand is not too easy (https://twitter.com/christianreber/status/1170638459834458113 https://twitter.com/christianreber/status/117063845983445811...)
- Drdrdrq 7y ago>... but I think former users would flock to it if they knew the original people were in charge of this product. So maybe such tweet is how you let them know that something's cooking? Followed by "they won't sell it back, we'll build a new one!". We'll see.