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This is not a collapse. It's hubris, poor financial management, and a complete breach of trust.
by fzliu 4y ago
This is not a collapse. It's hubris, poor financial management, and a complete breach of trust.
- solarmist 4y agoI don't understand you're objection to the word collapse? It's also consistent with your description...
- fzliu 4y agoCollapse implies that it was sudden and unavoidable. All of this was the result of an executive team that didn't want to sit down and have tough conversations with staff. As the article mentions, tons of other VC-funded companies have gone bankrupt before, but those bankruptcies did not end in disaster like Pollen did.