If we’ve learned anything since 2008, it’s that the rich have found our ways to make even more money from failure than they do from success—it’s a lot easier to guarantee failure too. I can’t say anything for sure, but I’d bet dollars to doughnuts that most of these billionaires inexplicably running successful brands into the ground also have some hidden (and potentially illegal) investment strategy that ensures that they will come out on top, regardless of how it may look from the outside.
This one specifically feels like a midlife crisis. Dude lost his hot DJ wife, his rich GOP donor friends convinced him to spend and enormous amount of money on a platform to “de-left” it, and now its hemorrhaging money and he doesn’t know how to fix it. So he rebrands it to his dream toy he always wanted but PayPal didn’t let him. Dude is a child.
If we’ve learned anything since 2008, it’s that the rich have found our ways to make even more money from failure than they do from success—it’s a lot easier to guarantee failure too. I can’t say anything for sure, but I’d bet dollars to doughnuts that most of these billionaires inexplicably running successful brands into the ground also have some hidden (and potentially illegal) investment strategy that ensures that they will come out on top, regardless of how it may look from the outside.
This one specifically feels like a midlife crisis. Dude lost his hot DJ wife, his rich GOP donor friends convinced him to spend and enormous amount of money on a platform to “de-left” it, and now its hemorrhaging money and he doesn’t know how to fix it. So he rebrands it to his dream toy he always wanted but PayPal didn’t let him. Dude is a child.