keccers
@keccers.eth
It cannot be understated how many failures I’ve been involved in. Part of it is bad luck and part of it is this mindset I have to have a job no matter what The only people that benefit from failure are the owners. You just look like shit. Never understood this but it is what it is. Everyone is bullshitting. One of the most spectacular failures I’ve ever been involved with was a grocery delivery company. They had a profitable business since the 90s Internet bubble. The only thing constraining them was their capacity. So they got in bed with PE and made a deal. Built a massive new facility. I got hired as part of “digital transformation” under a new CMO and started right when the new space opened. The transition to the new facility was an unmitigated disaster. Everything went wrong. To the point the PE guys came in one day to an all company meeting. They put up a video of money being lit on fire and told everyone “this is what you are doing to teachers retirement money”
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keccers
@keccers.eth
The environment for grocery delivery at the time was incredibly competitive. The company I worked for used to be the only player in the game. All of a sudden there were 3-5 competitors, all flush with VC cash and ready with very generous acquisition offers to new customers (aka free groceries). Meanwhile my company was torching their longtime loyals. And that’s just the tip of the iceberg at this place. It’s sad because I learned so much, but 0 of it is legible. I just look like a shit for brains with short tenure. Like I said, only the owners get to win from that kind of a loss. They are doing fine now. The company almost died but it was saved by COVID. Grocery delivery.
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christin
@christin
inverse rage bait where u are making me mad at how you view yourself 😾
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Tobi
@tobystic
Life is just a story of hits and misses . I could have written almost everything here about my years at Blackberry :) except Nokia was the main player but still had a great % in the game.
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links 🏴
@links
How grim! Another framing: you learn more from a win than a loss. You learned some very unique lessons on those owners’ dimes. Every chunk that gets taken out of your soul is unique. Eventually you will find a place that has all the soul you’re missing and none of the soul you have. That can only happen if we go thru these failures.
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Rose
@rosekeyes
I learned that in this world, only the powerful and special people in business benefit. The common people are just losers or simple workers. That's why 99% of the world's money is in the hands of just 1% of the people.
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sparkz
@jacy
this story could not be more relatable. i feel your pain.
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whemo
@whemo
damn. that's brutal.. not enough people talk about how failure hits different when you're not holding equity you eat all the stress, none of the upside that “digital transformation” title always sounds like hope until it quietly becomes blame
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