isaac
363 posts

isaac
@isaacttsg
driving AI transformation in a Singapore scale-up / startup by day, standup by night / ARC Stellar #600
Katılım Aralık 2020
293 Takip Edilen244 Takipçiler

Not for or against this btw but this is Bending Spoons, an Italian P/E firm that acts like a startup
They raise a lot of money to acquire stagnant or failed startups
Then they fire everyone, replace them with cheap labor (costs go down), and increase the prices (revenue goes up) while improving or simplifying the product
They're the ones who acquired Evernote too
"Bending Spoons implement a classic software investment strategy by acquiring an underperforming software business and combining aggressive financial strategies with technological innovation
Many of the companies that Bending Spoons acquires are based in Silicon Valley, which has labor costs that are significantly higher than in Italy, where Bending Spoons is based.
By getting rid of the expensive US employees and moving the team to Italy they are able to reduce expenses and take advantage of their shared services.
They substantially raise subscription prices to maximize revenue from dedicated users. Many customers churn, but the profits increase substantially."
@levelsio@levelsio
Bending Spoons strikes again
English

We need an insurance product for all the Gacha-style projects like @AmaterasuSekai where you re-roll for different traits on your NFT.
Basically you put your NFT to be held by the insurance provider. You then pay a fee to borrow someone’s NFT.
English

Err… is @LucaNetz and team like super attuned to Chinese culture or is it just coincidence that today is the day we burn…
Pudgy Penguins@pudgypenguins
Today, we burned 13.69% of the total $PENGU supply upon the close of the claim. That is 12,164,667,616 tokens.
English

@ocapgames Please use mine. The artwork literally writes your card title - “go fly kite”.
“When played, all counters and cards that give counters on the opponent side gets iced”.
dictionary.cambridge.org/dictionary/eng…

English






