More like the vulture PE for startups. It's a solid business model though - get another team to take the risk and develop the app and user base, then when time

More like the vulture PE for startups. It's a solid business model though - get another team to take the risk and develop the app and user base, then when times are tough, buy them out, wring them dry and suck out all the value. In the meantime, don't do any extra feature development on the apps, just run them on maintenance mode with a lean dev team and zero support.