Purpose of a company is to make value, which is measured in profits.
The purpose of a company is to deliver value to its customers, which is measured by profit.
As it was said elsewhere, there are many reasons for starting a company, but regardless of the why, the company needs to turn a profit. It doesn't have to be a huge profit, but it needs to be enough to make the effort worthwhile.
The difference is really the time horizon. A person who founds a family company usually wants to have something that they can build over time, and when it's time to retire either sell it off or transfer it to their kids. That's one end of the spectrum.
PE is the other end. They don't care about long term profits. They're looking to increase profit margins as quickly as possible to make the company attractive to buy so that they can make a quick buck or two million.
PE, IME, takes existing products and services and squeezes all the life out of them. They'll do lots of M&A and/or cutting staff and other costs to make it look like the company's profits are skyrocketing. Then they sell the shell if they can, and it quickly falls apart. But what happens pretty much immediately is that the best employees jump ship - They know what's coming. Those that are left must attempt to keep things moving without the top performers, and morale drops through the floor. It just sucks to watch it happen.
There's a whole bunch of observational bias in this. I'll bet you deal with successful PE portfolio companies every day and either don't know it or don't think about it.
Naah, I got out of that rat race. Current company is a subsidiary of a local family owned company; last company the owner's office was a couple doors down from mine. I've seen enough of PE that I'll not be hanging around anywhere that they show up.
Honestly, I was a bit shocked to learn that there are 3900 people working at Foreflight.
No. There are a lot of people working at *Jeppesen* ForeFlight, and ForeFlight is just a small fraction thereof. Even so, ForeFlight is now a worldwide product and has several offices worldwide.
So, is it possible to port a FF logbook to iFly or GP?
Yes. You can do a CSV export from ForeFlight, change the columns as necessary, and re-import into just about whatever.
ForeFlight Web has an option where you can have them automatically email you a monthly CSV export of your entire logbook for backup/security purposes, which I do take advantage of and IMO everyone should.
You do lose signatures, photos, track logs, and such that likely are not supported by others anyway.