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

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Sep 19, 2024
12:37:23pm

stev All-American

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

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stev

Bio page: stev
Joined: Oct 19, 2015
Last login: Sep 19, 2024
Total posts: 2,488 (8 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

12:32pm

Wild. Crazy. Sad

stev

12:34pm

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

maxpowers

12:34pm

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

pink22

12:35pm

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

stev

12:37pm

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

pink22

1:44pm

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

BYU-Ite

12:36pm

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

johnnybyu

12:43pm

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

12:52pm

You just described nearly every VC backed company

whoneedscorners?

1:04pm

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

johnnybyu

1:12pm

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

12:50pm

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

BYU-Ite

12:59pm

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

zonacougar

12:37pm

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

CSoul

12:39pm

Vista is such trash

maxpowers

1:30pm

What does this mean Skonnard would be worth these days?

mulletino

12:42pm

He cashed most of his out well before this.

BYU-Ite

12:46pm

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

maYbe

12:42pm

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

12:50pm

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

BYU Grounds

3:49pm

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