Post

Miro just got acquired, I wonder what the new company will do. "often increasing revenue and lowering expenses (including by reducing headcount). The company employs full-stack developers to rewrite acquired codebases using artificial intelligence" Ah ...ah.

mmalex

@mmalex.bsky.social

11 Sept

what a fucking gross business model. buy known brand, fire everyone, keep the lights on with mvp/slop, extract cash until inevitable death. lovely

Robin-Yann Storm

@rystorm.com

We’ve had it happen quite a few times in the Netherlands the last few years. Many well known stores have been brought to bankruptcy through these methods.

11/9/26, 7:55 pm0 reposts1 like

mmalex

@mmalex.bsky.social

12 Sept

yeah private equity has gutted a lot of uk high street brands / food places, but i hadnt realised (oh sweet summer child that i am) that it had been applied to sw. but of course