• fubarx@lemmy.world
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    11 days ago

    Can someone plausibly explain the Bending Spoons business model?

    Big chunk of debt financing for decrepit brands with old tech. Other than strip-mining user data, I can’t figure it out.

    • comador @lemmy.world
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      11 days ago

      The idea here is to rebrand and modernize AOL as a gmail and cyber security alternative with decoupled infrastructure from US dependencies: A highly political topic in the EU currently.

    • rizzothesmall@sh.itjust.works
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      11 days ago

      Buy a company which already has a vast historical user base and a well known brand for fuckall because it’s dieing, then make it good again and sell it off for more than fuckall.