Bankrupt companies generate suffering at scale, even as they spend money like water

Bankrupt companies generate suffering at scale, even as they spend money like water

I want to share a personal experience I had as an analyst, working with a near-bankrupt company. The completely indifference to what things cost startled me — at least until I realized what was really going on. And there are, surprisingly, lessons in this for what’s happening now at Twitter. How a near-bankrupt company paid…