4 ms·
Nope. They bought up many similar companies in the space to monopolize the niche market. Got big enough to act as bait for some fossilized big tech company.
by xyst 2y ago
Nope. They bought up many similar companies in the space to monopolize the niche market. Got big enough to act as bait for some fossilized big tech company.
- deleted 2y ago[deleted]
- fancyfredbot 2y agoNow that would make sense, like private equity. The Wikipedia page lists three acquisitions at 50,350 and 450 million dollars. But none of them happened until 2023,a couple of years after they raised 450m - by that point they'd raised another 300m and were about to get another billion!