95 Black Rifle Coffee Company has officially lost 94.76% of stock value, apparently spurning the only people buying your product doesn’t work. (twitter.com) posted 105 days ago by Ahaus667 105 days ago by Ahaus667 +95 / -0 55 comments share 55 comments share save hide report block hide replies
All these "coffee companies" have going for them is the marketing. Screw up the marketing and it all goes to hell. The same guys who start gimmick coffee companies would be starting pressure washing or car detailing businesses in another life.
It is unfathomable to me that an online coffee company could have an IPO evaluation at three quarters of a billion dollars.
Not even one run by a couple of CIA-involved dudes?
Well no, that seems to be pretty standard.
Launder a shitload of money to your assets through massively overvalued IPOs.
That said, who was buying this shit? Oh, that's right -- our retirement accounts.