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That is not what the OP said:

> I'm actually pleased to hear that a tech company is going to perish. Too many of them think they are invincible (airbnb)

The OP said a tech and not theranos. Wishing failure on really any company is IMO a terrible attitude. What you want is the company to change and improve.

It appears the OP is glad that people will loose jobs and options in the company (i.e. regular employees).

I don't agree with North Korea or China but do I really want them to fail? No you want change and improvement.




There's nothing inherently "good" about the concept of an organized business.

I want North Korea to fail so the people in that country experience change. I don't care if the government itself survives, especially given the atrocities they've committed on their own people.

Companies shouldn't survive just for the sake of keeping people employed, either. They absolutely should be judged on their product. There's no ethical argument to make here.


Failure can be extremely volatile and potentially dangerous (it is one of the reasons we had a bailout). Incremental change can be often better.

I'm not saying I want the status quo but saying you want pretty much all tech companies to fail is extreme and is what the OP pretty much said.


No. I'm glad to see extremely privileged well connected individuals getting fair treatment and not special treatment like they may have gotten all their lives.


North Korea and china MUST be successes; people live there. Meanwhile, businesses can and should fail, regardless of my stake in them. This is just how the market preserves efficiency, which we all benefit from. I don't see your point.


The OP didn't say theranos specifically. The op said

> I'm actually pleased to hear that a tech company is going to perish.

How is this constructive?

This isn't some joy in evolution or plot/crop burning:

> Too many of them think they are invincible (airbnb)

The OP is upset ostensibly because I guess they are not humble. And apparently neither is airbnb in his opinion. I bet MS and apple were not humble either in their beginnings. Both MS and facebook were founded by not rags to riches but Harvard drop outs with wealthy families.


I didn't mention theranos either.

Crops have inherent positive value. Business do not. Who cares about humility? It has nothing to do with whether a business should succeed or fail. People who have an axe to grind don't belong in a discussion about, well, anything but their feelings.


"out of death, comes life."

Creative Destruction - https://en.wikipedia.org/wiki/Creative_destruction




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