Enshitification.
Also this is what PE firms do. They buy companies and consume until it’s all gone and move onto the next target.
This is a clusterfuck. Let me get things straight: They bought a company without due research, got screwed (or so they say) in the deal and the customers are somehow the ones to pay? Like it’s MY fault that YOU didn’t do your job?
Way to ruin your reputation as a company.
On a side note tho, a vpn lifetime sub for only $40 didn’t sound sus to people buying it?
They purchasing company reviewed the previous years worth of sales. Part of due diligence is that the seller should have informed the new buyers of the lifetime subscribers, which they almost certainly hid on purpose, illegally (at least illegal in many countries). Even moreso considering that all the lifetime subscriptions were sold third party instead of directly.
It was only $40??
Geez, just refund those folks at a minimum. They’re going to lose way more off the negative PR.
So… Class action?
Against the seller, the buyer, or both? Also, neither are US based, so good luck.
Yeah they knew