2 ms·
Usually starts out as wanting to do good and settling for a modest trickle of profit. Then at some point management changes, and they want to do a public listi
by marginalia_nu 3y ago
Usually starts out as wanting to do good and settling for a modest trickle of profit. Then at some point management changes, and they want to do a public listing, and from that point it's basically all down hill; once the IPO goes through the vultures really descend and it's not long until the company is just a skeleton of its former glory.
Pattern keeps repeating and it's not just post-2008 tech companies.