At Least the Tech Winter Will Kill Off Some Zombie Companies

A decade of ultra-cheap credit and weak consumer spending created some of the biggest money-losing companies in history.


You can count on the Prospect, can we count on you?

There's no paywall here. Your donations power our newsroom as we report on ideas, politics and power — and what’s really at stake as we navigate another presidential election year. Please, become a member, or make a one-time donation, today. Thank you!