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Posts: 592 | Thanked: 1,167 times | Joined on Jul 2012
#2196
Originally Posted by Peter@Maemo Marketing View Post
To run a business, you need:
a) customers
b) employees
c) money

Jolla got customers, maybe the most loyal ones out there, even more loyal than Apple fans.

Most key employees have left or a leaving. Plenty of great guys and gals are still official Jolla employees but without pay, how long?

Money? Well, Jolla has got plenty of loans. Jolla has been getting 7.8 Million Euro of tax payers money, the majority of that being loans. The value of the company is not in product (Sailfish OS) because it is mostly open source, but the hero people that came together for this aspirational mission. And those people have left. And if it comes to debt restructuring, the first ones typically getting their hand onto any money left are the investors (i.e. the Hong Kong connection, if he was smart) and not the ones that loaned money (aka the Finnish tax payers). And who buys a company with that amount of loans and without the key employees?

Peter
Come on, this type of business is known to be not profitable on the short term; if none believed it, why did they even try?
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