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It’s BS they didn’t know about it. They got the financials before the deal. Even if it wasn’t directly listed as a line item it would have been a part of the expenses.
They still thought the deal was worth doing as it was based on incoming revenue and outgoing expenses.
Why would anyone be stupid enough to not honor them? Now, even if they backtrack, their name is mud. It's so stupid.
Damn straight. I never heard of this company before but you can bet your life I will never do business with them.
Is this even legal? I mean people paid for the lifetime version.
If the new owners purchased the assets, name, and technology and not the company itself, then it's beholden on the remains of the old company to honour the deal... Good luck with that.
How many people start companies, rack up a bunch of debt, then create another company that buys everything except the debt?
There's probably some fine print in the ToS that says they can do this. It may or may not be legal but that makes it a lengthier court battle to try to prove.
There are so many ways they can put the squeeze on. Session time limit, throttle fraffic, restrict usage times etc.
Then you can sell a monthly VPN+ subscription and offer revisiting lifetime users 2 years free if they move to the new “better” service.
I’m not saying I agree with any of this, but it’s certainly not a new strategy. They’ve nothing to lose. Those who are pissed off will leave, you already have their money and those who want to stay will pay up.
The VPN company can have their cake and eat it
This is going to be Plex Pass in a few years if Plex sells out even more
I’ve had a lifetime Plex pass for many years. I have converted completely over to Jellyfin after trying it.
It’s more involved to set up for secure remote access, but once in place it is so much smoother to use.
This is why the first question is, is it open source?
This is also why I stopped prepaying for things. Sure I’m spending $50 more a year but at least I have flexibility.
Agency... people need to be more mindful when they are giving it up. It leads to bad places unless you know what you are doing.