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Broadcom loses another big VMware customer

(www.theregister.com)
146 points belter | 3 comments | 03 Dec 24 16:44 UTC | HN request time: 0s | source
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beambot ◴[03 Dec 24 17:10 UTC] No.42308482[source]▶
Broadcom's handling of the VMWare acquisition gives me a renewed perspective and surprising appreciation of Oracle.
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ebiester ◴[03 Dec 24 17:33 UTC] No.42308746[source]▶
Both of them are lawnmowers.

They are looking to extract the maximum amount of money possible. I'd argue that Broadcom could extract more money with smaller uplifts but I think they are also looking to consolidate their customer base. Some of these crazy numbers may be doing just that - saying that these people aren't wanted as customers anymore.

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hotstickyballs ◴[03 Dec 24 17:45 UTC] No.42308883[source]▶
Extracting the maximum amount of money possible is the primary purpose of a company. It’s what you should expect to happen.
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1. 1propionyl ◴[03 Dec 24 17:52 UTC] No.42308975{3}[source]▶
> Extracting the maximum amount of money possible is the primary purpose of a company.

Is it really though?

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2. p_l ◴[03 Dec 24 18:15 UTC] No.42309283[source]▶
It's really not, but certain economist pushed such idea a lot to the point people think it's a law (and pushed it in business ethics context to make it funnier)
3. wongarsu ◴[03 Dec 24 18:24 UTC] No.42309400[source]▶
Not really.

For public companies the primary goal is creating the highest possible stock price, or in rarer cases high dividends. Extracting as much money as possible is a common strategy for achieving that but it's not the only one. And arguably the strategy is used way more than it should be. Boards tend to set up bad incentives for the company leadership.

For private companies the goal is whatever the owner wants. That can be profit, but often it's about legacy. Or something entirely different. As far as we know SpaceX's purpose is indeed to create a self-sustaining mars colony