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What makes a SasS company valuable isn't really its software (which could be cloned), it's its contracts, its reputation, its customer funnel... buying a SasS company "for the software" then winding down its business is a pretty bad sign
It would be similar to buying a soda company because you want to reuse its carbonated sugar water manufacturing plants. Strongly implies that the original business was worthless.
or that the purchaser stands to make more money with the original business out of the market than keeping it running
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