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I think the pump-and-dump extraction of value from any brand works pretty similarly, whether a non-profit or regular business. Lots of companies with centuries
by yencabulator 2y ago
I think the pump-and-dump extraction of value from any brand works pretty similarly, whether a non-profit or regular business.
Lots of companies with centuries-long record of manufacturing previously durable goods have in the last decade or two switched to using e.g. inferior quality steel to increase profits. That'll destroy the brand, but in the meanwhile there's great profits to be had!
- Y_Y 2y agoI guess for that we have to thank Aesop, the original corporate raider. https://en.wikipedia.org/wiki/The_Goose_that_Laid_the_Golden_Eggs https://en.wikipedia.org/wiki/The_Goose_that_Laid_the_Golden...