Comment 'Pharma Bro' Martin Shkreli modus operandi (Score 4, Insightful) 56
Broadcom are the tech equivalent of 'Pharma Bro' Martin Shkreli, who became infamous and earned the nickname after he hiked the price of a potentially lifesaving antiparasitic medication in 2015.
Pharma bro logic: The people who pay the massive price hikes will be more than enough to offset the people who die because they cannot afford the medication, and this short-term revenue boost will cover the purchase price, and from that point on it's all free money.
Broadcom bro logic: The companies who pay the massive price hikes will be more than enough to offset the companies who leave because they cannot afford the subscription, and this short-term revenue boost will cover the purchase price, and from that point on it's all free money.
It's the exact same playbook.
Pharma bro logic: The people who pay the massive price hikes will be more than enough to offset the people who die because they cannot afford the medication, and this short-term revenue boost will cover the purchase price, and from that point on it's all free money.
Broadcom bro logic: The companies who pay the massive price hikes will be more than enough to offset the companies who leave because they cannot afford the subscription, and this short-term revenue boost will cover the purchase price, and from that point on it's all free money.
It's the exact same playbook.