FTX fortune cookies and Theranos gift cards offer souvenirs from recent business disasters
You’ve just been laid off from your job at a once mighty startup that was going to change the world. The New York Times has exposed your CEO’s fraudulent business model. Investors have freaked. The stock market is hemorrhaging. Your office keycard doesn’t work. What you do next is very important: go raid the merch closet.
By now, we’ve all seen enough rise-and-fall documentaries to know how this sort of thing plays out. First come layoffs, then lawsuits, and perhaps a prison sentence for bosses like Theranos’s Elizabeth Holmes or Enron’s Jeffrey Skilling. One thing we hear less about: the killer resale market that comes with an era-defining financial disaster.
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