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drbscl 7 hours ago

Bending Spoons' entire business model is buying businesses that are failing/non-profitable despite having customers. Is it much of a surprise that the first thing they do is to massively increase pricing to make RoI?

x0x0 5 hours ago | parent | next [-]

Airtable and Harvest weren't failing. They just weren't as profitable as hoped, and appear to have eaten most of their TAM and were wasting the engineering dollars being spent building features to increase the TAM.

Bending Spoons business model is less buying failing businesses and more buying runouts; ending ongoing investment in them / shifting to maintenance; and and hiking prices to grab as much cash as possible. It's Broadcom's business model (see vmware) just pointed at b2c or software in the smb not enterprise category.

lotsofpulp 6 hours ago | parent | prev [-]

It is if you enjoy feeling indignation rather than acknowledging the fact that some businesses don’t have an upward trajectory.