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Comment by farhadhf

This essentially killed my (EU-based) startup in the project management and collaborate space. Before MSFT bundled Teams with O365 we were rapidly growing and closing enterprise customers in the automotive, energy and education industries with high retention rates. Right around the time the Teams bundling started our retention dropped, churn went through the roof, growth slowed down, we failed to raise our next round because of it and had to drastically downsize the company, causing even more churn (about 80% net churn in 2 years). This move by the EU is good, but too little too late - 99% of the companies that were hurt by this have already shut down, and the ones still running will take years to recover...
parent farhadhf 2 years ago

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