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. |
~ 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.
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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.
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Tags: Organizations Slacktivism
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