5 ms·
They're using the age old 'roll up' strategy: buy a bunch of past their prime products/companies with an installed base, bean count them to profitability and t
by blihp 5y ago
They're using the age old 'roll up' strategy: buy a bunch of past their prime products/companies with an installed base, bean count them to profitability and then milk them dry. This tends to work pretty well with enterprise customers who will pay obscene amounts of money for years/decades to maintain the status quo.
Once products/companies enter these roll up black holes, they are rarely heard from again by anyone other than legacy customers.