Due diligence what…?
Comment on A VPN Company Canceled All Lifetime Subscriptions, Claiming It Didn’t Know About Them
Skipcast@lemmy.world 19 hours agoTo be fair to the new owners the previous ones never mentioned the lifetime subscriptions existed and they were sinking the company. Probably the reason the original owners sold in the first place.
ik5pvx@lemmy.world 18 hours ago
obvs@lemmy.world 18 hours ago
That’s not being fair to the new owners.
It’s the company buyer’s responsibility to make sure they know about and honor existing contracts with the existing company, and it’s the company’s responsibility to provide that information to the buyer.
It is not ANYONE else’s responsibility to make them follow that. If something like this happens, the company(whether before or after the purchase) was in the wrong.
Eheran@lemmy.world 17 hours ago
If the previous owner specifically make sure they do not know about that because they made a quick cash grab, how exactly do you imagine they should know about this?
barsoap@lemm.ee 17 hours ago
Not the customer’s problem. Also, fraud.
mindlesscrollyparrot@discuss.tchncs.de 19 hours ago
They also said that they were cancelling lifetime contracts that hadn’t been used in 6 months. Hard to see how those could be sinking the company.
gradual@lemmings.world 17 hours ago
Correct.
This is just bullshit being said so the owners can make more money.
Every single person you see who believes it and perpetuates it is a useful idiot.