Yes, it is.
And yet you're confusing cause and effect to such an extent, its pretty obvious you have no idea what you are talking about.
And it's pretty obvious you have nothing to talk about. Fairfax is doing the effort of exposing his point of view with facts and arguments, you on the other hand aren't even contributing beyond saying ''no ur wrong''.
but ambition and mismanagement killed it.
Ambition is the main responsible here, as you worded it before. It's Fargo trying to turn his successful business into a mega corporation as fast as possible as if he wanted to make it to the cover of Forbes the next year. This coincides with what you can read about his personal life at the time, he was trying to play the jet7 and people millionaire. Success inflated his head and he wanted to be one of the major Californian new tech princes ASAP. That's how I see it.