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In your view, is that how all businesses should be run as well? Hiring your least qualified friends? Surely, cronyism exists in corporate America, but I'd ventu
by solfox 2y ago
In your view, is that how all businesses should be run as well? Hiring your least qualified friends? Surely, cronyism exists in corporate America, but I'd venture a guess that a company run in this way would fail almost immediately. No, this style of management and hiring is more like that of a crime boss - and it's not about friendships - it's about LOYALTY.
- TehCorwiz 2y agoThey don't "fail" as such. They burn through the money, spread it around, and then declare bankruptcy while everyone involved is somehow wealthier. It's kleptocracy.
- throwaway7783 2y agoThis is kinda becoming a thing with VC based startups. But beyond that, where does the money come from?
- rbanffy 2y agoMost of Trump's money always came from investors that bought in his enterprises.