this post was submitted on 06 May 2024
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Science Memes

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[–] jaybone@lemmy.world 5 points 6 months ago (4 children)

What does IBM even do anymore? I’m guessing they just support all of their legacy products that customers are locked into.

[–] nxdefiant@startrek.website 3 points 6 months ago (2 children)

It's basically an investment fund that runs the companies it invests in, like Alphabet, but with a bigger mix of real estate and finance investments thrown in.

[–] jaybone@lemmy.world 1 points 6 months ago (1 children)

What’s a company they invest in?

[–] nxdefiant@startrek.website 0 points 6 months ago

Themselves. I'm just saying internally they run it like an investment fund. Example: https://medium.com/design-ibm/area-631-what-i-learned-in-ibms-start-up-and-innovation-program-d87ed98f9549

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