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Comment by cs702

Bending Spoons is a company that acquires SaaS companies/products that are not growing or losing users but have a well-known brand and customers who stick around.

The execs at Bending Spoon buy these SaaS services on the cheap, cut costs, jack up prices, and milk remaining users for as much cash as possible for as long as possible.

Rinse and repeat. The goal is to generate the highest possible rate of return on invested capital in a law-abiding manner.

parent cs702 3 months ago

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