20VC had an interview with them: https://www.thetwentyminutevc.com/luca-ferrari
I came in thinking they would be like PE and just put products on life support sucking all the recurring they can. But it seems they care and improve the products. I think that has merrit.
So first they fire all the staff and then they "care and improve the products"? Who? Who does that? They fired the staff, so who improves the product?