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Sep 19, 2024
12:50
:42
pm
dYrtbYkerYder
Truly Addicted User
It was also an industry with low entry costs, low switching costs, low supplier
power, and tons of competition from academic institutions who are constantly putting out more online training content.
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dYrtbYkerYder
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dYrtbYkerYder
Joined
Sep 27, 2006
Last login
Nov 9, 2024
Total posts
24,049 (151 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
dYrtbYkerYder
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
dYrtbYkerYder
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
Blue for Life
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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