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Comment by pizzafeelsright | Hacker News Reader

After their disastrous license change and the reasons for it I figure their biggest Exit Plan would include being acquired. I made a couple of Option calls based on this. Monday could be good.

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Funny how the sequence of events was reversed compared to Redhat, yet the result is the same. A community is building around fork(s) they are losing control of, and they gained nearly nothing from the self-destruction.

I think transparent, fixed, and reasonable pricing would have avoided all this.

Charging per resource? Paying per json file? Per secret or managed instance?

That's silly.

Terraform Cloud could be $25 per user per month while remaining profitable but that's just a guess.

Imho, the license change didn't cause this. It was an attempt to make money. At that point they were already in trouble.

You'd be hard pressed to see this trouble in their quarterly reports.

Did they ever turn a profit?

Not sure this is so relevant. Uber only reported profit in 2023, it took 9 years for Amazon to do so. In a sense, it’s a choice.

Yeah. It's not the same thing by far. Amazoj deliberately chose to pour all income into expanding. On paper they did not have profit but they could at any point turn a profit by halting the expansion.

Can you tell what is a good option call to make based on this !!

Buy low. Sell high

We shall see, my average cost is still down over 30% even with the after hours move up (facepalm). Hope to at least get back to even with an acquisition.

I’m down 40%. Is it typical to purchase that far above the current price?

Just depends. I think when I owned Slack for example shareholders got somewhere around a 50% premium on acquisition.

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