Comment by rchaud

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...