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by _jal
2025 days ago
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RedHat's goodwill will be spent down over the next decade or so, and eventually I fully expect to think of them the same way I do IBM. (Which is, roughly, the same way I think of Oracle.) All of the people I deal with there are the same as before the acquisition, so things have not changed much for me personally, yet. But I am looking at building replacements for certain tools we depend on; the writing is on the wall. |
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Most businesses today are founded, then the founders are bought out/merged, getting cash in the process.
Then the new owners change things to effectively profit on the business at the expense of longevity, which causes discontent in users and starts the slow downhill slide to the product's death. Then as the product becomes less relevant and loses market share cuts are made to preserve profitability and lower ongoing costs.
Once the business has extracted all the value from the product, they then drop the product entirely but retain the IP for it, preventing anyone else from resurrecting it, thus suppressing competition.