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There is no difference. Regular debt is also discharged in bankruptcy.
by crumpets 7y ago
There is no difference. Regular debt is also discharged in bankruptcy.
- taneq 7y agoBut that affects your ability to borrow in future, whereas a canceled project doesn't affect your ability to write rushed code in future. Unless you get fired, I guess...
- rjvs 7y agoYou’re nit-picking when I think the analogy is clear but it doesn’t effect your credit if the company you work for declares bankruptcy, so the comparison to the company’s tech debt seems to hold up even if you push it.
- TheLastPass 7y agoThe whole thread is nit-picking. The point of bankruptcy isn't "fuck being fiscally conservative - we don't even know we want the stuff we're buying so who cares if we can pay our credit card bills", whereas that's literally how you should approach some projects.