this post was submitted on 17 May 2024
962 points (99.9% liked)
196
17462 readers
1306 users here now
Be sure to follow the rule before you head out.
Rule: You must post before you leave.
Other rules
Behavior rules:
- No bigotry (transphobia, racism, etc…)
- No genocide denial
- No support for authoritarian behaviour (incl. Tankies)
- No namecalling
- Accounts from lemmygrad.ml, threads.net, or hexbear.net are held to higher standards
- Other things seen as cleary bad
Posting rules:
- No AI generated content (DALL-E etc…)
- No advertisements
- No gore / violence
- Mutual aid posts are not allowed
NSFW: NSFW content is permitted but it must be tagged and have content warnings. Anything that doesn't adhere to this will be removed. Content warnings should be added like: [penis], [explicit description of sex]. Non-sexualized breasts of any gender are not considered inappropriate and therefore do not need to be blurred/tagged.
If you have any questions, feel free to contact us on our matrix channel or email.
Other 196's:
founded 2 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
It's stripping out the copper wiring for cash. Buy a game studio, fire all the employees. Now their paychecks can be served up as profit to shareholders. Move all the files to your servers, it's your "Intellectual Property". Sell off the computers and the desks and anything else not nailed down. Do they own the building? Great, sell that too! Or, better yet, rent it out!
Only works if the liquidated assets are worth more than the money spent acquiring them, which usually is not the case.
The liquidated assets are just a cherry on top, what they're going for is getting rid of the competition and hoarding IP for usual capitalist hoarder mentality reasons.