4 ms·
It’s not that different from software focused private equity shops like Thoma Bravo. Buy a software company, starve it of resources, and price just below each c
by smokefoot 3y ago
It’s not that different from software focused private equity shops like Thoma Bravo. Buy a software company, starve it of resources, and price just below each clients BATNA. Revenue may decline over time, but costs fall faster and the buyer harvests that premium. There’s no synergies, just a willingness to be more ruthless and give fewer shits.
Edit: clarity
- sidewndr46 3y agoyou forgot the classic move of "release the legal team to sue anyone doing anything vaguely similar to your patents"
- smokefoot 3y agoYes! And aggressively enforce your software license agreements with frequent audits. Anything to make money other than innovating and actually building better products.