Hacker News Board Hacker News, browsed like a classic message board
Live data from Hacker News

LogMeIn Acquired by Private Equity

techcrunch.com

Post reply on HN
Print view View original

291–300 of 319 posts

Re: LogMeIn Acquired by Private Equity

#291

Post by formercoder »

bduerst wrote: post #234
steveklabnik wrote: post #145

Earlier quoted context omitted.

Others have pointed out the difference between VC and PE, but I think there's a crucial thing missing from your question: turned out great for whom ?

SOP for PE's is to come in, cut costs, and improve the bottom line without affecting revenue or service. Customers typically aren't affected but employees are.

That’s what’s in the news. No one publishes stories about companies who are bought by sponsors, grown and supported, and exited. They are often private the whole time as well.

Re: LogMeIn Acquired by Private Equity

#292

Post by clickme_zsh »

mataug wrote: post #277

This thread seems to be dominated by bitwarden recommendations, So I thought I would list some of the other reliable options that I'm considering. - Keepass https://www.keepassx.org/ | https://keepassxc.org/ - Pass https://www.passwordstore.org/ - Dashlane https://www.dashlane.com/ - 1Password https://1password.com/ - Bitwardnen https://bitwarden.com/ - Lockwise https://www.mozilla.org/en-US/firefox/lockwise/ If you…

Lesspass https://lesspass.com/#/

Re: LogMeIn Acquired by Private Equity

#293

Post by [deleted] »

jodrellblank wrote: post #280
dangus wrote: post #258

Earlier quoted context omitted.

It seems really self-centered to retrain non-technical family on new software to satisfy your own philosophical needs that they may not share. There is nothing about “being a cloud service” that makes 1Password unusable for your family other than your own objections. On the contrary, it probably protects your family against their own incompetence compared to messing with local files, or depending on you to run a serv…

What a weird, accusatory, windmill-tilting comment. to satisfy your own philosophical needs that they may not share They are, presumably, adults who could reject the suggestion to change if they had strong feelings about it. but that’s not why you switched them over If you think cloud services are bad, then Bitwarden not using cloud services is what makes it a superior solution , and then would be why you switched th…

[deleted]

Re: LogMeIn Acquired by Private Equity

#294

Post by marktangotango »

Youden wrote: post #221
thijsvandien wrote: post #217

Earlier quoted context omitted.

A customer of mine had LogMeIn Pro just to access a single pc from a couple of phones every now and then. One day it suddenly stopped working. As it turned out, in the three years they had been using it, the price had hiked from about 100 EUR to over 350 EUR. Having no idea who charged them that much and what for, they reversed the credit card transaction. Since then, they've moved on to RealVNC. It's 1/10th of the p…

> Don't let the name discourage you; the product has very little to do with the old and inefficient VNC protocol anymore. But RealVNC's products are all built on that same VNC protocol...? At least I see many things referencing it and nothing indicating that they don't use it.

That's the question I have; can you access the remote login screen with realvnc? My understanding was you couldn't do that with vnc on windows, have to use rdp.

Re: LogMeIn Acquired by Private Equity

#295

Post by gyrgtyn »

tomaszs wrote: post #259
morpheuskafka wrote: post #228

Earlier quoted context omitted.

I don't know why anyone would pay for Hamachi when you could self-host ZeroTier for free or pay $30/mo for unlimited user of their hosted service.

Oh man 30 dollars... So the problem with SaaS is that if you dont earn money directly from using SaaS most of the time you are outside of the scope of the business. Because SaaS needs to remove the lowest pricing so that the direct earning users choose the higher one. I can not pay 10 dollars for occasional service because its bad for the SaaS business aimed to more heavy users. I dont like it in SaaS model and i can…

It's free up to 30 devices, or free forever if you host your own.

Re: LogMeIn Acquired by Private Equity

#297

Post by bluepickles »

raiyu wrote: post #122
AznHisoka wrote: post #6

These guys must really be pessimistic about their future if they are accepting a deal of $86/share. Their 52 week high was $96/share, and as high as $120/share last year.

From 2017 to 2018 they nearly tripled revenue, probably a reflection of the price changes that many in this thread have complained about. The problem is that since then their growth has completely stalled out and is projected to be under 5% for both this year and next year. While their revenue tops out over $1B their net profit is pretty slim. Post acquisition expect to see a lot of cuts to improve cash flow as opera…

Revenue increased because they merged with the GoTo suite of software.

"On January 31, 2017, we completed our Merger with a wholly-owned subsidiary of Citrix, pursuant to which we combined with Citrix’s GoTo family of service offerings known as the GoTo Business. Following the completion of the Merger, our revenue grew to over $1 billion on an annualized basis in fiscal 2017 and we added over 1,600 employees." - https://q10k.com/LOGM

Re: LogMeIn Acquired by Private Equity

#298

Post by philliphaydon »

notoverthere wrote: post #224
thijsvandien wrote: post #217

Earlier quoted context omitted.

A customer of mine had LogMeIn Pro just to access a single pc from a couple of phones every now and then. One day it suddenly stopped working. As it turned out, in the three years they had been using it, the price had hiked from about 100 EUR to over 350 EUR. Having no idea who charged them that much and what for, they reversed the credit card transaction. Since then, they've moved on to RealVNC. It's 1/10th of the p…

I'd recommend that your customer checks out [Chrome Remote Desktop]( https://remotedesktop.google.com/ ). It's completely free, simple to set up, and seems to perform way better than VNC. Plus no need to open firewall ports or worry about encryption and security – that's all handled for you.

It’s a terrible user experience for anything other than clicking on things. Can’t use a lot of keyboard shortcuts because they trigger browser behaviours. An issue that didn’t exist when they had a chrome app. The website always breaks in some form. Is laggy. If you’re using windows and the lock screen happens and you come back. Copy/paste stops working.

The chrome app was awesome. The website sucks.

Re: LogMeIn Acquired by Private Equity

#299

Post by oldmanhorton »

AnIdiotOnTheNet wrote: post #244
rciorba wrote: post #130

Earlier quoted context omitted.

An interesting approach. When I worked at a university and had 100+ machines to handle (back in the WinXP days), we just used udpcast + sysprep to do full disk cloning. We never bothered with individual machines, if anything ever went wrong we just wiped the whole thing and re-cloned it. Keeping 100+ machines up and running, and caring for individual ones sounds like a whole lot of work. Admittedly we got away with i…

In my own experience sysprep is not necessary anymore. In fact, we abandoned it because it seemed never to quite work properly anymore which leads me to believe that MS forgot it existed and broke it in some Win 10 update (Thanks guys! [I hate you]). On modern networks and storage hardware, reimaging a PC from scratch is sometimes faster than rebooting Windows after an update (and always faster than a "feature" updat…

Microsoft definitely didn't forget that sysprep exists, there's a decent sized group in azure that cares just about windows image creation and associated technologies. I think most of sysprep is simply considered "done".

Re: LogMeIn Acquired by Private Equity

#300

Post by twobat »

ptx wrote: post #265
twobat wrote: post #166

Earlier quoted context omitted.

Take a look at the pricing for Jetbrains products. 500€ for the first year only. I'm sure it has some features above "vim with syntax highlighting" but I can't tell which one costs 500.

The nice thing about their pricing is that it gets cheaper in the the second year and then again the third year. So from the third year on it's only 389 euro/year for the toolbox bundle that includes all products , so you'll be set for tools tools for any mainstream language.

Yeah, 900€ just for two years is nothing. And this is just for the IntelliJ IDEA, not the whole pack. The standalone Office suite is 650€ for life. Photoshop from Adobe is quite a lot cheaper (some variant goes for $120/yr).
Post reply on HN