That depends on how you define "doomed". Most screwed up companies don't go belly up overnight. They get sold as fixer-uppers and passed between bigger firms and given different names until, finally, it is sold for parts. The way this works is that all parties behave as if the company is the opposite of doomed. It's in a sense correct. The situation hardly seems doomed if everyone has enough time to make their money and split before the company's final death twitches cannot be denied, in which case the company accomplished its mission. That of course doesn't mean everything from its codebase to its leadership didn't lack excellence the whole time.