WeWork, RadioShack And 8 More Famous Companies That (Nearly) Bankrupted Itself Over Dumb Decisions

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'They nearly went under as a result of an extremely cringeworthy speech from their CEO.'

,"Now that OnlyFans is taking back its ban on sexual content, what other company bankrupted itself through poorly thought-out or unnecessary decisions?""Friendster shot themselves in the foot with a ton of bad decisions that led to stuff likelogin times for basically no reason. It is weird to think that for a short time, Friendster was big and hip enough that I actually had it on one of my business cards around 2000.

In 2003, Google offered $30 million to purchase Friendster, but Abrams declined.,"As Friendster became more popular, its overwhelmed web site became slower. Things would become so bad that a Friendster web page took as long as 40 seconds to download.

 

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