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7 Comments
Short term gains but what is their long term plan after pissing everybody off?
They are still making money **for now**. When more companies will switch from VMWare, it’s going to hurt Broadcom for longer than this short term gains will last.
Broadcom laid off my 60 year old dad right after hurricane Helene hit our area, so we didn’t even have power. Thankfully our house was okay. He had over 20 years with VMware. I hope Broadcom goes under.
Broadcom is doing this shit across all of their portfolio of products. The old CA (Computer Associates) products are being priced the same way. We are in a project now to get off of those products.
If they jack up their price by 1000% but loose 80% of its customers they still come out on top. That is only if your goal is short term because if you keep loosing 80% of your existing users each year then this will quickly run out.
What are people moving to? I’m a Cisco guy, so I wouldn’t know. Just please say it’s not something Oracle owns.
Ole Hock Tan’s model of acquiring a biz, cutting it to the bone, jacking prices, then squeezing every last drop out of it until it dies. Guess that why he’s a WallSt darling.