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I disagree that the punching bag strategy is effective - even looking beyond the obvious example w/ knock-on effects Elon has done from Twitter -> Tesla, you’ve got Adam Neumann w/ WeWork, Travis Kalanick w/ Uber, etc. who’ve taken similar personality deflection strategies - it only caused more long-term harm than good for both medium-term operations and brand reputation.
It’s not a sustainable strategy and it’s pretty cringy to see it happen from an investor perspective.
Agreed. Brunei in particular is really just a Middle Eastern country cosplaying as a SEA country.