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by smokefoot 934 days ago
It’s not that different from software focused private equity shops like Thoma Bravo. Buy a software company, starve it of resources, and price just below each clients BATNA. Revenue may decline over time, but costs fall faster and the buyer harvests that premium. There’s no synergies, just a willingness to be more ruthless and give fewer shits.

Edit: clarity

1 comments

you forgot the classic move of "release the legal team to sue anyone doing anything vaguely similar to your patents"
Yes! And aggressively enforce your software license agreements with frequent audits.

Anything to make money other than innovating and actually building better products.