3 ms·
Buy out competition. Phase them out. Migrate customers to your product. Bump prices across all tiers. Pump your P&L. Sell stats to vulture capitalists for Z fun
by xyst 3y ago
Buy out competition. Phase them out. Migrate customers to your product. Bump prices across all tiers. Pump your P&L. Sell stats to vulture capitalists for Z funding round. Rinse and repeat. Eventually IPO. Founders cash out equity. Retail investors left holding the bag and leadership handed off to B-school flunkies. Product eventually circles the drain. Gets picked up by some private equity and guts it for pieces and eventually selling off to bloodmoor.
- antisthenes 3y agoNo need to bash on B-schools. There are plenty of grifters and unremarkable people at A-schools who got in there with money and a white-sounding name. The rest is accurate.
- xyst 3y agoB-schools is “business schools”. I wasn’t referring to the “prestige” of certain colleges (ie, “Ivy League” vs public school)
- antisthenes 3y agoOh, my bad. It's the first time I see it written this way.