BigAngBlack,
@BigAngBlack@fosstodon.org avatar

Your HOA is about to get so much worse

Former Nextdoor exec raises $25 million for PipeDreams, a startup rolling up HVAC companies

https://techcrunch.com/2024/03/26/former-nextdoor-exec-raises-25-million-for-pipedreams-a-startup-rolling-up-hvac-companies/

> #PipeDreams acquires and scales mom and pop #HVAC and #plumbing companies in a nod to the traditional PE roll-up strategy

paninid,
@paninid@mastodon.world avatar

@BigAngBlack
The problem not being addressed here is succession planning, talent attraction, and upskilling for small businesses in the trades.

Instead, the approach is to financialize the entire operation to capture cash flow.

What could go wrong?

BigAngBlack,
@BigAngBlack@fosstodon.org avatar

@paninid
Let's play modern Monopoly. Instead of real estate, it's small businesses

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