Doonesbury by Garry Trudeau for April 21, 2023

Hey, cut your losses when you can.

Oopsie, didn’t see that coming did you?

Yes, Alex, we could have watched our costs, but I had ex-boyfriends who needed jobs.

What Kim said in the second panel is what saved Trump in 1990 from complete bankruptcy. Not a joke. Ultimately, the NY banks decided they would rather shore up Trump and the Trump empire (such as it was) rather than suffer the embarrassment of writing off hundreds of millions of dollars’ worth of ill-advised loans. The banks still took a bath, but not as bad as if they pulled the plug immediately. Trump later went into different business ventures with foreign investors; something to do with laundering.

Isn’t this strip set near Seattle?

And if so, wouldn’t it be too chilly for Kim to be wearing those skimpy tops??

Get rid of those oxygen-wasting “programmers”, and you’ll save a fortune!!

’90s start-up investment was sort of like the launch of the SpaceX Starship. Failure was accepted as success. And for some people, it worked. There was this guy who had this crazy idea of selling books on the Internet. He and his investors lost a ton of money until they started making money. Which was how Jeff Bezos got to build his own rockets.

Kimbolina was her ballet dancer name

Good man Bernie. Sink or swim, it’s all on them.

On another distantantly related matter:

MyPillow founder Mike Lindell is ordered to pay $5M in election fraud challenge – NPR

Sorry to tell you Kim. Not all backers are stupid.

Spending exorbitant amounts of money is not considered a good managerial skill, anywhere.

Reminds me of a Swiss multi-national company for which I worked as an engineer. The boss loved consensus, so we were “meetinged” to death, trying to get everyone to agree with his plans.

Finally, I interrupted a meeting to say, “Look if consensus were marketable, I’d be all for it. Just tell us what you want and let us get on with the job.”

We went back to one arguably necessary meeting per week and started making progress.

They say not to send “good” money after “bad”, but how about some more “bad” money?

Bernie understands the sunk-cost fallacy.

Bernie realizes that that ‘hope’ is pure fantasy. Of course, it would be different if he were the government and spending other peoples’ money.

But doesn’t Mike and Kim’s dotcom make it? I think it’s still up and running in the current strips.

Okay, Mike, time to triple those losses.

When you owe the bank $100, the bank owns you.

When you owe the bank $1,000,000,000, you own the bank

That’s what happened with Steve Jobs when he bought the company that became Pixar

Isn’t this one of those sunk cost things? We’ve spent so much time reading strips on this this dot.com theme, we might as well keep on reading them.

…or not.

Wow, didn’t know being an entrepreneur was a heads I win, tails you lose situation, surprised more people don’t do it ;-)

This is undoubtedly what the US is hoping from China. Yeah, you’ll keep taking our fiat money, you have no choice! :-D