[f33d5173]

The businesses they acquire are ones whose revenue has not appreciably grown in many years. They are being sold because the prior owner does not believe they can improve the business any more.

Any profit bending spoons earns they can run off and invest in another business if they like. They don't bother investing in the businesses they purchase because they believe, like the previous owner believed, that there is no more juice to squeeze from that particular lemon.

[specialist]

Just like Computer Associates.

https://en.wikipedia.org/wiki/Computer_Associates

[johnnyanmac]

>Any profit bending spoons earns they can run off and invest in another business if they like

And the ones who helped make Vimeo what it is? left out in the cold to fend for themselves.

This is why loyalty is dead. Maybe if this billion dollar aquisition benefitted the workers there'd be less hard feelings, but that's not how capitalism works.

[senordevnyc]

And the ones who helped make Vimeo what it is? left out in the cold to fend for themselves.

This is such a bizarre mentality to me. When you sell your car, do you send a cut of the money to your mechanic?