Technology
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Why would anyone be stupid enough to not honor them? Now, even if they backtrack, their name is mud. It's so stupid.
Damn straight. I never heard of this company before but you can bet your life I will never do business with them.
Especially when we are talking about VPNs. The reason so many companies are sprouting out of the ground to offer VPNs is because the margin they have is huge.
It’s BS they didn’t know about it. They got the financials before the deal. Even if it wasn’t directly listed as a line item it would have been a part of the expenses.
They still thought the deal was worth doing as it was based on incoming revenue and outgoing expenses.
This is also why I stopped prepaying for things. Sure I’m spending $50 more a year but at least I have flexibility.
Is this even legal? I mean people paid for the lifetime version.
If the new owners purchased the assets, name, and technology and not the company itself, then it's beholden on the remains of the old company to honour the deal... Good luck with that.
How many people start companies, rack up a bunch of debt, then create another company that buys everything except the debt?
NOW you're getting it.