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Broadcom follows the private equity playbook: hike prices and reduce expenses. Customers will leave until only the most locked in remain. This extracts value fr
by wilted-iris 2y ago
Broadcom follows the private equity playbook: hike prices and reduce expenses. Customers will leave until only the most locked in remain. This extracts value from the business and makes it more capital efficient. Broadcom will continue to extract value until only a husk remains.