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Wednesday, February 28, 2024

"Incompetent trust fund failsons"

I've known some bush-league versions of the type of dudes he's referencing...
"As usual, you have to go over to independent media outlets like Defector to find something vaguely resembling the truth: that Vice was run into the ground by a rotating crop of utterly incompetent trust fund failsons who created unrealistic, hype-fueled company valuations, hoovered up exorbitant salaries, implemented numerous incoherent strategy pivots, and set giant piles of money on fire on a rotating crop of increasingly stupid ideas..."
It's a specific GenX/Millennial digital age variety of the Jack Welch-flavored idiocy that has gutted numerous American businesses.

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Tam @ 9:35 AM
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Tam
Indianapolis, Indiana, United States
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