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by john-h-k 19 days ago
> The execs at Bending Spoon buy these SaaS services on the cheap, cut costs, jack up prices, and milk remaining users for as much cash as possible for as long as possible.

If they are such stable long term SaaS businesses who aren’t losing customers, why are they selling to bending spoons?

1 comments

because there's no joy in managing a declining company, especially when you made it grow in the past, and probably get enough money from the deal that you don't need to care anymore.
So then we prefer the scenario where the employees are just forced to manage a declining company? Or we prefer it folding?