3 ms·
They are welcome to make stuff that nobody wants. Weird designs, made poorly and disintegrating in months. But then the share price drops. ie: the market capi
by Alien1Being 18d ago
They are welcome to make stuff that nobody wants.
Weird designs, made poorly and disintegrating in months.
But then the share price drops.
ie: the market capitalisation drops.
They then have to pay more money to borrow.
Fewer investors are interested in giving them money.
The business spirals into irrelevance like Ken Olsen's Digital Equipment Corporation.
Restructuring happens
Employees lose jobs.
Restructuring happens again and again and again.
Employees lose jobs, more jobs and still more jobs.
Unpaid suppliers go bankrupt.
Finally they shut down and become an irrelevance like Nike, 777 Partners, DEC, BioXcel Therapeutics, Lycos, First Brands Group, Yahoo.
- eastbound 18d ago[flagged]
- Alien1Being 18d agoMissing out on the ferociously MAGA market segment is surely a positive...
- deaux 18d agoTalk about living in a bubble. Nike is an ultraglobal brand. The people who A. saw those ads and B. considered them negatively represent maybe 0.5% of global revenue. If even that. They sure weren't running "body-positive woman" ads in Tokyo and Zagreb. It's time you get out there and meet some people from different backgrounds rather than something filtered down to like-minded people, and hopefully realize that your frame of reference is very limited.
- fodkodrasz 18d agoThey did run some painfully out-of-touch adverts in Central-Europe, possibly in Zagreb also... In Hungary it was pretty much a talking point at a time to boycott them, and competition was there. Hoka became pretty popular and common without any advertisements.
- emptyfile 18d ago[dead]
- throwaway2037 18d ago> Hoka became pretty popular and common without any advertisements. By "advertisements", I am sure you mean traditional adverts like TV, print media, and billboards. They were blowing up on social media thanks to paid influencers.
- fodkodrasz 18d agoYou are right. Looks like I'm this old.
- fodkodrasz 17d agoofftopic: I just realized how much AI generated code and text I read daily. I started my answer in GPT-speak :D
- throwaway2037 12d agoI am laughing reading this "double text". Chef's kiss. I had to re-read your original post a couple of times, then I could see it: "You are right...". Do you remember about six months ago when LLMs were still mostly shit and you needed to argue with them? They would insist that something was true, but in the same chat session they said it was false earlier? It was a daily occurrence for me six months and before. So infuriating!
- 4848588585 18d ago[dead]
- osnium123 18d agoIs Nike the Intel of shoe makers? A faded former giant that has major operations in Oregon.
- gamessucknow 17d agoHopefully the execs get a nice golden parachute at least. Wouldn’t want them to face any consequences for their actions.