I've seen "too big to fail" apply to projects within businesses as well. | Hacker News

Hacker Newsnew | past | comments | ask | show | jobs | submit

		analog31 on Dec 4, 2013 \| parent \| context \| favorite \| on: Much of what investment bankers do is socially wor... I've seen "too big to fail" apply to projects within businesses as well.

mathattack on Dec 4, 2013 [–]

Yes. Sometimes people forget than money already spent is a sunk cost. This is endemic in IT projects. "We have to get this in, we've already spent $20 million, and they'll fire us if we have nothing to show for it." Famous last words...

Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact