this post was submitted on 19 Feb 2024
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Struggling database company MariaDB could be taken private in $37M deal (techcrunch.com)
submitted 8 months ago by throws_lemy@lemmy.nz to c/programming@programming.dev
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[–] wise_pancake@lemmy.ca 2 points 8 months ago (1 children)

The 'non-binding' proposal comes 14 months after MariaDB went public via SPAC

If you plan to go public through a SPAC, you should take a step back.

I don’t know why any investor would buy Spacs where contacted can even go through the usual due diligence process.