3 ms·
a lot. I do the integration for my employer. we saved a lot of manpower by automating tasks that used to be done by an employee. this mid-size company already
by MangoCoffee 3y ago
a lot. I do the integration for my employer. we saved a lot of manpower by automating tasks that used to be done by an employee.
this mid-size company already sold twice. I highly doubt these investment firms care about technical debt. they just want to pad up the company (cut costs) and make it look good so they can flip it.
we are not in IT
- eru 3y agoWhy doesn't the original owner pad up the company (cut costs) and sell for more in the first place?
- MangoCoffee 3y agowhat makes you think they didn't?
- eru 3y agoThey might have done some of that, but obviously the second owner founds some more opportunities. To reformulate my question: why didn't owner n anticipate all the padding that owner n+1 was about to do, and sell directly to owner n+2 at the higher price that owner n+1 got?