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FogBugz got bought out by a vulture capital style firm that fired everyone and outsourced everything. They're going to extract as much value as they can. The re
by kevin_b_er 4y ago
FogBugz got bought out by a vulture capital style firm that fired everyone and outsourced everything. They're going to extract as much value as they can. The reputation doesn't matter if they can sucker enough people into paying for it.
- tablespoon 4y ago> FogBugz got bought out by a vulture capital style firm that fired everyone and outsourced everything. They're going to extract as much value as they can. The reputation doesn't matter if they can sucker enough people into paying for it. As I understanding, that's a the strategy of a lot of private equity: burn goodwill and turn it into cash.