Wayfair

Wayfair dropped MyPillow for political reasons, and got backlash. Stock dropped 80% in the 20 months after that. In January 2021, Wayfair sided with the liberal mob and dropped MyPillow products from their online store. Liberals celebrated. In 20 months after that, Wayfair's stock has dropped over 80%. Most of this was because of bad debt exposure -- but certainly going political, alienating part of your audience, and irritating customers and suppliers hasn't helped. ℹ️ Info           ~ Aristotle Sabouni Created: 2022-09-18

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Organizations Organizations that I felt the need to comment on (more often on the negs than the positives). But there's good/bad in all.

Slacktivism Slacktivism is about pretending you're fully woke, but never being able to measure up. If you are fully woke, you are soon out of business.

🔗 Links

• https://schrts.co/ZgevWZkg
• https://twitter.com/alixkendallfox9/status/1351512306044301312
• https://investorplace.com/2022/09/wayfair-w-stock-falls-on-convertible-note-offering/

Tags: Organizations  Slacktivism