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If not, this would occur to all companies of an identical size in any given market. Haven’t you seen the video of founder saying it’s everybody’s fault but his? So the classic 5 12 months Personal Equity timeline has reached its end?
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The market went soft, their product range grew larger and more and more complex (- and thus costlier on their side), capex and charges drastically spiked. When a shipment arrives and abruptly it’s topic to a $200,000 import charge, that can elevate prices and decrease demand. The founder does get props although for selling at just the right time They’re still paying Christopher Walken for an add from 10 years in the past.
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