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re: Go Woke Go Broke, Dixie Beer Edition

Posted on 4/24/24 at 8:57 am to
Posted by Froman
Baton Rouge
Member since Jun 2007
36257 posts
Posted on 4/24/24 at 8:57 am to
Saying “Go Woke, Go Broke” implies this company is about to do record profits as most do after this is said about them, but this company went broke without going woke. They just made a bunch of poor business decisions.
Posted by Sheep
Neither here nor there
Member since Jun 2007
19564 posts
Posted on 4/24/24 at 9:03 am to
quote:

They just made a bunch of poor business decisions.


While I understand the Go Woke, Go Broke hurr durrs are running wild, it's worth reading the article linked on the first page.

It's a tale much older than Go Woke, Go Broke, it's the old private equity pump and dump scheme.
Posted by Sam Quint
Member since Sep 2022
4923 posts
Posted on 4/24/24 at 9:09 am to
quote:

Saying “Go Woke, Go Broke” implies this company is about to do record profits as most do after this is said about them, but this company went broke without going woke. They just made a bunch of poor business decisions.

yes, but the main poor business decision was changing their name from Dixie to Faubourg. that was the moment they put the gun to their own head and pulled the trigger. whether or not they "went woke" is a matter of interpretation.
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