Comment by cable2600 1 day ago Did they have a working business plan?Step 1: Copy RedditStep 2: ?Step 3: Profit! 1 comment cable2600 Reply rchaud 7 hours ago Step 0: acquire the company through a leveraged buyout by the CEO's own private equity firm [0]Step 1: speed-run into the ground while loading it up with the debt of the purchase price and paying yourself management fees.Step 2: close up shop, write down the loss and reduce tax liability for next year?[0] https://techcrunch.com/2026/01/14/digg-launches-its-new-redd...
rchaud 7 hours ago Step 0: acquire the company through a leveraged buyout by the CEO's own private equity firm [0]Step 1: speed-run into the ground while loading it up with the debt of the purchase price and paying yourself management fees.Step 2: close up shop, write down the loss and reduce tax liability for next year?[0] https://techcrunch.com/2026/01/14/digg-launches-its-new-redd...
Step 0: acquire the company through a leveraged buyout by the CEO's own private equity firm [0]
Step 1: speed-run into the ground while loading it up with the debt of the purchase price and paying yourself management fees.
Step 2: close up shop, write down the loss and reduce tax liability for next year?
[0] https://techcrunch.com/2026/01/14/digg-launches-its-new-redd...