January 18Jan 18 Shame … I use Foreflight and I know MANY pilots that do from GA to Commercial as it’s an extremely valuable tool. I applied for a software engineering job with Foreflight several years ago but they were C++ shop and my C++ was not at the level they required. A pattern of Private Equity killing off quality software for short term gain and long term failure. The executive branch of greed … ultimately an over valued CEO and board who are really just Admin jobs making decision on things they don’t understand. Looks like Garmin have picked up A LOT of the fallout of engineers. Extraordinary claims require extraordinary evidence. - Carl Sagan
January 18Jan 18 I have used Garmin pilot since 2022. It's come along way since. RW IFR = GP RW VFR = SkyDemon No need for FF. Let it burn, make a statement that Private Equity never gain end users. Edited January 18Jan 18 by SAS443 EASA PPL SEPL + NQ / CB-IR in progress MSFS24 | X-Plane 12
January 18Jan 18 This has happened to many other industries as well, for example the restaurant industry, where quality has taken a nosedive. Whenever greedy investors take over a company, all they care about is profiting off of it, and that usually means dismantling and selling off the entire business, layoffs, pay cuts, or implementing "efficiencies", which translates to doing or making whatever it may be in a cheaper way thus reducing the quality. It is rare that these parasites really care about saving a struggling business and making it successful again, although I'm sure there are some cases of this. Capitalism is like the little girl in the nursery rhyme - when she's good, she's very, very good, but when she's bad, she's horrid. Dave Simulator: P3Dv6.1 System Specs: Intel i7 13700K CPU, MSI Mag Z790 Tomahawk Motherboard, 32GB DDR5 6000MHz RAM, Nvidia GeForce RTX 4070 Video Card, 3x 1TB Samsung 980 Pro M.2 2280 SSDs, Windows 11 Home OS My website for P3D stuff: https://sites.google.com/view/thep3dfiles/home
January 19Jan 19 Author 21 hours ago, SAS443 said: No need for FF. Let it burn, make a statement that Private Equity never gain end users. ?? Foreflight didn’t “need” to gain end users, they are/were a very profitable in 2025. Garmin Pilot has improved and is a nice product, but still lacking weather features available in Foreflight. Anyway, this wasn’t an X vs. Y … it was about Private Equity companies that suck dry a company, give themselves a huge bonus, and then watch the company fail due to lack of employees to keep the innovation going … CEO/Execs they just blame “the economy” or any other excuse that doesn’t make them accountable. Seen this in the real world many times, from both sides of the coin. If anyone is bought by a private equity company, then get out as fast as possible and don’t give them time to bleed you so they can make a “smooth transition” and then give you 1 months severance (or less). If you are a key employee do NOT sign anything that says you must work XYZ in order to get a severance bonus. That’s how most (not all) Private Equity companies work … buy company, cut the employees by 50%, scoop the profit from savings on labor, then watch the company fail and dump it as soon as projections show a negative (they don’t care, they’ve already got what they wanted out of it … short term profit). You work for a private equity company? Extraordinary claims require extraordinary evidence. - Carl Sagan
January 20Jan 20 Venture capital = vulture capital. They come in and pick whatever meat is left on the bones and leave a pile of bones behind. Honestly I don't fully understand how it even makes sense to buy something and burn it into the ground. It is one thing if someone buys a company to make it lean and mean and more profitable. This business model is to purposely destroy it. A perfect example is the Red Lobster chain of restaurants. The joke is that "endless shrimp" killed them, but in reality, it was vulture capital. Almost all the restaurants owned the land they were on. Vulture capital came in and sold all the land, forcing the restaurants to lease the land back, which destroyed their profit margins. Again I don't even fully get it, but they must make more money off the sale and liquidation than they lose. ------------------------- Craig from KBUF
January 20Jan 20 1 hour ago, kerosene31 said: It is one thing if someone buys a company to make it lean and mean and more profitable. This business model is to purposely destroy it. The equivalent of eating your seed corn or being given a herd of breeding cows and eating them instead. Hook Larry Hookins Oh! I have slipped the surly bonds of EarthAnd danced the skies on laughter-silvered wings;
January 20Jan 20 Commercial Member 5 hours ago, kerosene31 said: Vulture capital came in and sold all the land, forcing the restaurants to lease the land back, which destroyed their profit margins. Again I don't even fully get it It makes the Return on Capital better. Your return isn't dramatically worse, but your invested capital is significantly lower. Luke Kolin I make simFDR, the most advanced flight data recorder for FSX, Prepar3D and X-Plane.
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