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Inflated self-image? Check. > Tiny is positioned as the good guys of private equity. The Berkshire Hathway of internet businesses. Usual PE shenanigans? Check
by jjoonathan 6y ago
Inflated self-image? Check.
> Tiny is positioned as the good guys of private equity. The Berkshire Hathway of internet businesses.
Usual PE shenanigans? Check.
> A challenge with this model is that it is difficult to acquire tech companies at reasonable prices.
> Often Tiny buys product or designer-led startups that have grown organically. They will raise prices and put standard best-practice marketing and sales processes in place.
> Canadian arbitrage includes lower salaries, not needing to pay medical benefits, SRED, and cheaper currency.
> “Let someone else run the marathon and incentivize them.”
- nothal 6y ago>good guys If you're laying off good workers who ostensibly helped build a company you run from the ground up, you're actually a vulture and I think most people would probably agree your job is immoral.
- neonate 6y ago> able to charge San Francisco agency rates and only pay Victoria, Canada wages