Re:LogMeIn Acquired by Private Equity
by chime on Tuesday December 17, 2019 @10:35AM
(#21814495)
I think the 'overnight' part is key here. I can easily get approval for 20k-100k in necessary software but the approval process can take 1-3 months. If a free service suddenly goes paid without notice, it is much more disruptive than waiting 2mo to start with a new paid service.
[ Parent
| on HN ]
Exactly. Big companies move slowly. A small, well-funded company may be able to approve an X-thousand-dollar payment in a matter of days, but a large company just can't react that fast. There are too many layers of process and approvals and vetting and negotiation to wade through.