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Rule (lemmy.blahaj.zone)

submitted 5 months ago by [email protected] to c/[email protected]

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[–] [email protected] 39 points 5 months ago (1 children)

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!

[–] [email protected] 19 points 5 months ago (1 children)

Only works if the liquidated assets are worth more than the money spent acquiring them, which usually is not the case.

[–] [email protected] 10 points 5 months ago

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.