No matter how many times it’s explained, it has never made sense to me that “Buying and then gutting X” is a functional venture capital measure.
Comment on Report: Microsoft explored selling or spinning off Xbox division after Phil Spencer's exit
sleepmode@lemmy.world 1 week ago
it had all the telltale signs from the get go. Bring in fall guy. Suddenly raise service prices to unignorable level. Force attrition. Excuse to kill it and studios. Announce big plans to distract. Gut studios more. Get called out. Explain pivot. Resume gutting. Get called out. Announce vapor ware. Distract distract distract. jingles keys All carefully balanced for the two week news/memory cycle.
Katana314@lemmy.world 1 week ago
Tollana1234567@lemmy.today 1 week ago
remember glass ceiling, thats why the fall “guy” is sharma, a women. often used by failing corporations to deflect blame on a woman.
JackbyDev@programming.dev 1 week ago
I still remember Reddit bringing in Ellen Pao to take the blame for their first big wave of “censorship”. (If you consider banning communities dedicated to hating fat people or minorities censorship.)