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Comment on “They burned millions but got nothing.” Japanese game font provider’s aggressive price hike could be result of parent company’s alleged AI failure and financial struggle

lazycouchpotato@lemmy.world ⁨1⁩ ⁨day⁩ ago

This Bluesky post sums it up:

We got all the hits:

purchased by private equity firm

hid a bunch of layoffs

invested a bunch of money in AI

tried to make that money back by ruining the best product it now owned

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itkovian@lemmy.world ⁨1⁩ ⁨day⁩ ago
Ah yes, The Greatest Hits of Capitalism.

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LordOfLocksley@lemmy.world ⁨1⁩ ⁨day⁩ ago
Being purchased by Private Equity is basically a death knell for whatever unfortunate company is in their sights

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BlameTheAntifa@lemmy.world ⁨22⁩ ⁨hours⁩ ago
They were purchased by Monotype, a global font monopoly, and the whole “buy all competition, send prices into the stratosphere, then sue whoever can’t pay the extortion or change their fonts” is Monotype’s entire M.O.

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