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> buy tech that's still bringing in money, fire everyone except a small core of people to keep the product barely alive with minor updates, sell expensive long-
by mhd 6y ago
> buy tech that's still bringing in money, fire everyone except a small core of people to keep the product barely alive with minor updates, sell expensive long-term licenses to enterprises.
That's pretty much what they did with Sencha/ExtJS, too. Not that it wasn't in dire straits even before the acquisition, though.
- dmitriid 6y agoAnd Travis CI. On the day they announced acquisition they let go something like 80% of the staff.