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Pardon me, but isn't this the standard operating procedure for leveraged buyouts of "inefficient" businesses?

Cut expenses to the bone, resulting in a higher profit margin on the same revenue, coast on that revenue while dismembering the business for anything valuable, and then load any transferable debt to the carcass and declare bankruptcy?



Well yeah, except he's talking about bringing back Vine, which is incongruous with the typical LBO strat.

Before reels or tiktok or stories or shorts, there was vine and people loved it. But it didn't make any money.


Interesting idea. But, wouldn't that be competing with TikTok? And, Vine hasn't been a thing in what, 6 years? That's not so much "bringing back" as developing something new.


How do you know that is related at all?


Yep, literally every company that ever buys another company look to streamline it. In every single case where they say 'no layoffs planned,' just means they are waiting until they actually own the company and do the research to decide when layoffs will be.




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