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Comment by ChuckMcM

I have a long rant about how open source is wage theft and value extraction by unscrupulous third parties is built in and unavoidable. But setting that aside, I learned of WP Engine when they launched here, on hacker news. At the time their value proposition was "bullet proof and secure wordpress for people who just want to publish and not learn devops".

Over the years, I've watched them through a progression of management changes move from value of service to value extraction. Chipping away at costs while holding the price constant or raising it and extracting the difference for themselves. This isn't in and of itself a "bad" thing, it is what business does, however I find the integrity around value extraction varies tremendously. From zero integrity Mackenzie type MBAs to high(er) integrity owner operators.

It is rare when a management team says, "this is enough money" and that is sad.

parent ChuckMcM 2 years ago

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