>According to the CEO's linkedin post, they were basically trying to keep up appearances of being a 200 person company until some greater fool bought them out,

>According to the CEO's linkedin post, they were basically trying to keep up appearances of being a 200 person company until some greater fool bought them out, which appears to have failed. That's probably pretty brutal summary of most of past two decades I guess? Also, had it been bootstrapped, might have a different outcome, could scale down, pivot while staying a small profitable shop.