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A comment on "About half of Bandcamp was laid off today". Parent comment

Re:"About half of Bandcamp was laid off today" by MichaelZuo on Tuesday October 17, 2023 @10:28AM (#37915664)
What's stopping a PE firm from hiring an actual super-genius on staff, who can understand things with a fraction of the usual effort?

Sizable firms can easily afford a seven or eight figure compensation package for someone really really competent.

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Re:"About half of Bandcamp was laid off today" by iainctduncan on Tuesday October 17, 2023 @10:45AM (#37915939)
Some do, that is becoming more common. There is, understandably, a huge variety of approaches from funds. Some are very hands on and have on staff technical folks who were previously CTOs or VP Eng, others are hands off and just take care of finance.
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