this post was submitted on 19 Aug 2024
1494 points (99.0% liked)
memes
10308 readers
1697 users here now
Community rules
1. Be civil
No trolling, bigotry or other insulting / annoying behaviour
2. No politics
This is non-politics community. For political memes please go to [email protected]
3. No recent reposts
Check for reposts when posting a meme, you can only repost after 1 month
4. No bots
No bots without the express approval of the mods or the admins
5. No Spam/Ads
No advertisements or spam. This is an instance rule and the only way to live.
Sister communities
- [email protected] : Star Trek memes, chat and shitposts
- [email protected] : Lemmy Shitposts, anything and everything goes.
- [email protected] : Linux themed memes
- [email protected] : for those who love comic stories.
founded 1 year ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
I'm not gonna look it up, but who recently bought Subway and is now cashing in on tanking it so they can sell the corpse?
If you ever watch CompanyMan on youtube, it's like 90% of all "The Fall of [Company]" involves either going public and then rapidly expanding, or "acquired by private equity firm then died in 5 years"
Its like the saying, the definition of insanity is doing the same thing over and over again and expecting different results.
By far the worst one is always the private equity/leveraged buyout. It always ends in failure for the company.
I hate that cliche'd, untrue, glurgey phrase with a passion. But your point is good.