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quietsegfaulttoday at 10:58 AM1 replyview on HN

They exist to swallow up profitable companies, extract any “unnecessary” overhead (like benefits, PTO, pay that isn’t rock bottom), and package into large enterprise licensing agreements.


Replies

erutoday at 11:13 AM

Sounds like a pretty good deal for those people who keep starting these 'profitable' companies.

If IBM runs them into the ground, there's a niche for a copy-cat of the original company that you can just found again. Rinse and repeat.