AmPad filed bankruptcy in 2000. Bain divested AmPad in 1996.
After they were loaded up with debt.
AmPad was a paper based company. Paper based companies are in trouble right now world wide.
And "right now" is 12 years after you said they went bankrupt. SO what was your point? That 12 years ago more companies were using paper? Agreed. And they still use paper today. Amazing isn't it?
I don't know what your point is.
In a changing business climate, these things happen. I have worked for and with various companies that no longer exist. That's the way it is.
Is it your thesis that no company should ever change in any way?