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r/Eugene • u/Willing_Individual23 • Oct 21 '24
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46
Venture Capitalists strike again.
15 u/L_Ardman Oct 21 '24 Not very good ones as they lost a lot of money. 7 u/Kaexii Oct 22 '24 Isn't that the point? They pick up a business and vampirize it until it's nothing but a hollow shell. The point isn't even to increase profit for the business you buy, it's just squeeze it for more than you paid for it? 4 u/ApplesBananasRhinoc Oct 22 '24 Squeeze it till it pops and dies, The American way! 1 u/L_Ardman Oct 22 '24 No, losing money is not the point. If they wanted to part it out they could have done it right away when it was more valuable. Slowing losing money until the brand dies and the parts are sold off in a fire sale was not the goal here. 3 u/Least-Chard4907 Oct 22 '24 Lol
15
Not very good ones as they lost a lot of money.
7 u/Kaexii Oct 22 '24 Isn't that the point? They pick up a business and vampirize it until it's nothing but a hollow shell. The point isn't even to increase profit for the business you buy, it's just squeeze it for more than you paid for it? 4 u/ApplesBananasRhinoc Oct 22 '24 Squeeze it till it pops and dies, The American way! 1 u/L_Ardman Oct 22 '24 No, losing money is not the point. If they wanted to part it out they could have done it right away when it was more valuable. Slowing losing money until the brand dies and the parts are sold off in a fire sale was not the goal here. 3 u/Least-Chard4907 Oct 22 '24 Lol
7
Isn't that the point? They pick up a business and vampirize it until it's nothing but a hollow shell.
The point isn't even to increase profit for the business you buy, it's just squeeze it for more than you paid for it?
4 u/ApplesBananasRhinoc Oct 22 '24 Squeeze it till it pops and dies, The American way! 1 u/L_Ardman Oct 22 '24 No, losing money is not the point. If they wanted to part it out they could have done it right away when it was more valuable. Slowing losing money until the brand dies and the parts are sold off in a fire sale was not the goal here.
4
Squeeze it till it pops and dies, The American way!
1
No, losing money is not the point. If they wanted to part it out they could have done it right away when it was more valuable. Slowing losing money until the brand dies and the parts are sold off in a fire sale was not the goal here.
3
Lol
46
u/Nopis10 Oct 21 '24
Venture Capitalists strike again.