Thread

1. reticulates · 1790371290 · focus · HN ↗

   I continue to be baffled by this sale. Letterboxd was acquired by Tiny 3 years ago, Tiny’s entire premise is that they hold for the long term. Selling after 3 years is not long term. I don’t understand why Tiny would undermine their raison d’etre unless it’s because the founders (who retain a minority stake) are pushing for it.

   Tiny just recently updated their website to emphasize how long they’ve owned each property which is especially confusing given they’re now offloading things <a href="https:&#x2F;&#x2F;tiny.com&#x2F;companies&#x2F;letterboxd" rel="nofollow">https:&#x2F;&#x2F;tiny.com&#x2F;companies&#x2F;letterboxd

   “Tiny&#x27;s model — long-term ownership, founder autonomy, no pressure to flip the company in three to five years — fit naturally.”

   …?

   1. Grombobulous · 1790372647 · focus · HN ↗

      I imagine that in life and business there’s no such thing as a decision that is never regrettable. I guess it just didn’t work out.

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