The PE business model is crazy. I wonder how long until there is a change. Too

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Sep 19, 2024
12:42:41pm

maYbe Redshirt Freshman

The PE business model is crazy. I wonder how long until there is a change. Too

many dollars chasing opportunities.

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maYbe

Bio page: maYbe
Joined: Oct 3, 2023
Last login: Nov 9, 2024
Total posts: 374 (0 FO)

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Messages

Author

Time

Crazy rise and fall of Pluralsight. I would expect them to cut the team substantially after this is finalized.

CSoul Hardcore Democrat

Sep 19, 12:32pm

Wild. Crazy. Sad

stev

Sep 19, 12:34pm

That poster who asked a couple weeks ago whether he should work there….

maxpowers

Sep 19, 12:34pm

This story seems common in Utah. Oversold exciting tech startups that go nowhere

pink22

Sep 19, 12:35pm

I don't think this is unique to Utah. Just a massive tech bubble around 2020.

stev

Sep 19, 12:37pm

Yes but also goes to a point I made on earlier discussion about no Fortune 500

pink22

Sep 19, 1:44pm

This one is honestly an example of a company that stopped caring about their

BYU-Ite

Sep 19, 12:36pm

Took care of a lot of people and himself at the expense of others. Was it ever

johnnybyu

Sep 19, 12:43pm

They kind of exploited the world of COVID and made people think that they held

Sep 19, 12:52pm

You just described nearly every VC backed company

whoneedscorners?

Sep 19, 1:04pm

Agreed. Such a crazy model when someone made it because they got a lot

johnnybyu

Sep 19, 1:12pm

It was also an industry with low entry costs, low switching costs, low supplier

Sep 19, 12:50pm

True. However, they were one of the first to market and should have been able

BYU-Ite

Sep 19, 12:59pm

ESPECIALLY after being acquired by Vista. Vista comes into acquisitions with a ninja sword (I've worked for a Vista

zonacougar

Sep 19, 12:37pm

Yeh, Vista should be embarrassed. They had a bad strategy + way overpaid. Pluralsight can survive but

CSoul

Sep 19, 12:39pm

It’s hilarious to see Vista fail this spectacularly. I’ve worked for Vista

Superkid

Sep 19, 12:43pm

Currently, work for one. It's not great

rommeliv

Sep 19, 1:07pm

Hey Vista...

zonacougar

Sep 19, 2:09pm

Vista is such trash

maxpowers

Sep 19, 1:30pm

What does this mean Skonnard would be worth these days?

mulletino

Sep 19, 12:42pm

He cashed most of his out well before this.

BYU-Ite

Sep 19, 12:46pm

The PE business model is crazy. I wonder how long until there is a change. Too

maYbe

Sep 19, 12:42pm

That is crazy the 4 owners I hope got out before this. Feel bad for those

Sep 19, 12:50pm

Glad all my friends got out. Most left right before or right after the Vista acquistion.

BYU Grounds

Sep 19, 3:49pm

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