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I recently concocted a (conspiracy) theory that relicensing of HC projects is a ploy to get IBM (or some other company happy to rain on IBM's parade) to finally make an offer. Mitchell leaving the company features in the theory as well. Basically it seems like since at least 2021 HC leadership and/or investors are exploring exit strategies that will bring in the beeeelions.


Hashicorp is a public company so the theory doesn't make much sense to me. The execs and early investors already made their money.


They've been for sale since pre-IPO. Cisco almost bought them.


That tracks. IBM acquiring Hashicorp was a persistent rumor I heard during my last year at IBM (timing was not long after the Red Hat acquisition).




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