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It's actually a good business move. They made their business successful on a viral ad. They sold for $1b to Unilever. They almost certainly dropped in value and customers since then. So now all they have to do is burn the ship while all the investors walk away with a fortune - or absent of that, a legit bankruptcy claim where taxpayers bail them out.
Not the first company to do such a thing... happens all the time. It's better to burn out, than it is to rust.
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[–] [deleted] 0 points 48 points 48 points (+48|-0) ago (edited ago)
[–] whisky_cat 0 points 2 points 2 points (+2|-0) ago
It's actually a good business move. They made their business successful on a viral ad. They sold for $1b to Unilever. They almost certainly dropped in value and customers since then. So now all they have to do is burn the ship while all the investors walk away with a fortune - or absent of that, a legit bankruptcy claim where taxpayers bail them out.
Not the first company to do such a thing... happens all the time. It's better to burn out, than it is to rust.
[–] KrugOfTheHillPeople ago
One hit wonder I guess, but I like the Chromatics version. The line is at 2:49: Song
[–] Trash_Panda 1 point 0 points 1 point (+1|-1) ago
I don't know what you think is going to happen but "yay sodomy" is not enough to crash a company anymore.