07-31-2023, 12:50 AM
(07-29-2023, 02:34 PM)Bytor Wrote:(02-02-2023, 09:36 PM)plam Wrote: Thanks Spokes!
https://mastodon.social/@danluu/109798007902048311
TL;dr: a bunch of online forums got bought by this evil private equity company VerticalScope and destroyed.
I've never understood what they get out of doing that. Most such independent forums barely pay for cloud server resources and a single sys-admin, so I don't see what is there to loot.
Raise money (incur debt), extract money, declare bankruptcy...