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From my POV, it's a supplier that is no longer beholden to shareholders demands for profit. A platform and service that can operate using customer sourced reven
by mathnode 2y ago
From my POV, it's a supplier that is no longer beholden to shareholders demands for profit. A platform and service that can operate using customer sourced revenue and respond to market demand without a profit driven board is a big win for everyone while funding development and maintenance of a great open source project.
- CyanLite2 2y agoI think that’s exactly the wrong impression I get. Private equity is going to cause them to quickly get to better profitability through price increases, layoffs, and reduced R&D.
- justinclift 2y ago> it's a supplier that is no longer beholden to shareholders demands for profit. That doesn't seem correct. It's now owned by a single shareholder, that's literally a financial organisation of the kind likely to turn the screws until the last drop of blood is gone.