benjaminramey/ObsidianJournal
1
0
Fork 0
Code Issues Pull Requests Actions Packages Projects Releases Wiki Activity

vault backup: 2024-08-10 08:51:45

Browse Source
This commit is contained in:
Benjamin Ramey
2024-08-10 08:51:45 -05:00
parent 2638be3d58
commit 3b6b35cce2
18 changed files with 83 additions and 44 deletions
Download Patch File Download Diff File Expand all files Collapse all files

13
Work/Private Equity thoughts.md Normal file
View File

@@ -0,0 +1,13 @@
#privateequity #covehill
My meeting with Nate yesterday triggered a few more thoughts on private equity and Cove Hill's ownership of Logos.
1. Their goal is, obviously, profit
1. Moving to subscriptions shows a stronger revenue stream
2. While it both benefits us and our customers, subscriptions are driven mainly (I'm assuming) by Cove Hill wanting to show a strnger company to sell us to someone else
2. There's no going back after selling to private equity.
1. I don't know how Logos would ever ben independent again
3. The re-platform to third-party tools is a mixed bag
1. Driven by resume building for Cove Hill, "our portfolio includes BigCommerce, Algolia, etc!"
2. We don't want to own tools that others make better. But our business model is complex (ownership model, dynamic pricing, etc) and seeps into everything we do (orders, payment plans, subscriptions, etc) that third-parties do "better", but can't replicate for us
3. Moving to third parties is not going well