4 Comments

“Yeah but we sell *local* products!!”

Insane to me the weight that this apparently holds in an investor pitch. Like that really felt different enough to earn them hundreds of m’s of capital

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Not in the coffee industry, but last week my company fired me and other 80 employers with exactly the same modality: no notice at all (yes, they will pay us for those two months, but the psychological impact of being cut out out of the blue is huge) and the reason they couldn't cope with so many staff. What a joke! They were in a financial crisis and doing a spending review by months, and yet they kept hiring until the week before! This shows the amateur business attitude of a CEO that, while leading a team distributed in 9 countries in the world, has never really evolved from their startup mentality. I see many similiraties with the story of Foxtrot scaling up when they couldn't: this ambition doesn't show greed, just the hubris of wanting to be on the next Forbes cover, where you're actually losing grip with the reality.

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Did Dom's ever officially merge, or will they be able to separately extricate themselves from the bankruptcy proceedings?

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