this post was submitted on 21 May 2024
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chapotraphouse

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RIP Red Lobster, you died doing what you loved (hexbear.net)
submitted 9 months ago by Llituro@hexbear.net to c/chapotraphouse@hexbear.net
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catastrophically underestimating the cost of a poorly thought-out deal on cheap shellfish

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[–] Llituro@hexbear.net 33 points 9 months ago

behind every good news story about a brand going under is the real story about innovative financial crimes committed by a venture capital firm that is something of an artisan at that sort of thing.