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by mlyle 2113 days ago
I think that they're saying, in retrospect, they could have started making some payments on the debt a bit earlier when the business had scale and sustainability. And that in turn this would have avoided a lot of unpleasantness.

It's hard to change culture; you tend to keep doing what worked before even if it's not optimal anymore. Yesterday's adaptive behavior is today's unfortunate practice.

1 comments

Yeah OK that makes sense.