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RV employee here, so take this as you will but... this comment is baffling. RV does not own or operate A Place for Mom. One of the private equity firms that own
by mitchellst 5y ago
RV employee here, so take this as you will but... this comment is baffling. RV does not own or operate A Place for Mom. One of the private equity firms that owns a stake in RV also has a stake in A Place for Mom. Not the strongest connection in the world. RV bought Bankrate, Inc in 2017 (the acquisition through which I joined RV, in another division) which owned Caring.com. Because of the investor connection, RV never integrated Caring and sold it off immediately. So, maybe the senior care industry has some awful practices. But... RV does not do business in that industry. This is really what you hold against us?
- dmix 5y agoThis was the FTC complaint that led to the sale of Caring.com https://www.ftc.gov/news-events/press-releases/2018/04/ftc-approves-red-ventures-application-sell-caringcom https://www.ftc.gov/news-events/press-releases/2018/04/ftc-a... Apparently APlaceForMom was #1 in the market and Caring.com was #2 and the FTC feared that having the same stockholders owning majority stakes in both companies would lead to data sharing and essentially be market consolidation. So RV sold off their $1.4B investment.
- elefanten 5y agoYou ignored the monopolist patent troll stuff and the part where the poster's company was sued by RV for zip code search, but yeah good summary.