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1806 points JustSkyfall | 1 comments | | HN request time: 0.2s | source
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Spivak ◴[] No.45284249[source]
I genuinely don't understand this from a business perspective. They were getting money, then they jacked up the price to a degree that all but guarantees they will lose them as a customer. Sure it's small potatoes but they could have done like 30 seconds of research to see if the customer even has the means to pay before strong-arming them and getting nothing.

Honestly just a heuristic that says any company simply on principle would rather leave than eat a 4000% price increase.

replies(4): >>45284268 #>>45284480 #>>45284508 #>>45286073 #
1. 3eb7988a1663 ◴[] No.45284480[source]
Maybe they were running the math expecting that the customer would bail before the year renewal, but would pay the short term extortion to migrate their data.

$50k today + no more business vs 10 yearsx$5k business

If you really need to juice the quarterly numbers, it is a strategy