3 ms·
Kind of funny that 40 years ago, IBM had what would be the golden dream of modern CEOs, a subscription-based business, and decided to destroy it for selling stu
by elzbardico 3y ago
Kind of funny that 40 years ago, IBM had what would be the golden dream of modern CEOs, a subscription-based business, and decided to destroy it for selling stuff outright.
- doctor_eval 3y agoI had a great subscription business - and when I sold it, the buyer just couldn’t care less. Body shop all the way baby. 5x the revenue - but barely broke even. The old saying that “revenue is for vanity and profit is for sanity” never rang so true.