704
Oh fuck off Meta (discuss.tchncs.de)
submitted 10 months ago by to c/privacy@lemmy.ml
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I'm gonna delete the account after selling my Quest 2 for the Steam Frame

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[–] 33 points 10 months ago (15 children)

This has been such a depressing trend over the last few decades.

Fresh bright-eyed startup with a passionate creator develops some interesting and innovative product.

Gets bought out by FAANG, turns to shit and stops working properly or gets discontinued, and primarily functions as a spyware device.

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  • [–] 14 points 10 months ago (8 children)

    That's just the inevitable endgame in a capitalistic society. Most startups' end goals at inception are to sell out to a corporation.

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  • [+] 5 points 10 months ago (4 children)
    [deleted]
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  • [–] 8 points 10 months ago (1 child)

    I think the cure is identifying that it's all bullshit every time

    I mean that's great but it doesn't stop everyone else from falling for it, and you having to pay the price accordingly.

    I guess this is how I arrived at calling myself an "anti-technology technologist"

    I just call myself a Luddite at this point. Any technology developed outside of FOSS just completely disinterests me. Everything else is assumed to be malware.

    I got into cycling a few years' back. But of course technology is coming for bicycles too and all my riding buddies are just so amped about it and can't understand why I want absolutely nothing to do with it.

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  • [–] 2 points 10 months ago

    Most people's goals are to not have to work for a living. Selling a successful startup allows for that to happen. Unfortunately, the startup needs to start making money after someone pays a lot of money for it, and we all know what happens next.

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  • [–] 16 points 10 months ago (5 children)

    That makes it sound like these startups have no choice in the matter. The funny thing is, you don't have to sell your company to an enormous evil corporation if you don't want to.

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  • [–] 18 points 10 months ago

    Depends on who your initial investors are and the contract you signed with them. They can and will force a sale if their RoI isn't met in a specific time-frame, or if the buyout price reaches a certain valuation.

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  • [–] 9 points 10 months ago (1 child)

    Partly true but Amazon has been known to make dupes of a product and sell it at a loss to drive the competitor out of business. I'm sure that threat lingers in some peoples' minds.

    They probably also promise the management team "you'll still have creative control after we buy you". Then turn around and replace each of them one by one

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  • [–] 5 points 10 months ago

    Yeah, I worked for an amazing company for 13 years, a big corporation bought it, and now I have my own business and my soul back. Same shit, "you'll still have full operating control" and then they moved everything to India.

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