Earlier quoted context omitted.
This is only “a failure” if the loss from this is worse than all of the money they have saved over the years by running so lean. This type of event is the obvious possible downside that is well known when you structure a company this way. It’s not that events like this aren’t expected, it’s that prepping for them costs more than the loss from not being able to absorb them.
Operating a business is a lot like flying an airline in one respect: It's not your average hight above the zero point that matters so much as never, ever going below it. Failure to maintain altitude above ground level and failure to maintain solvency are in many ways equivalent. Both domains involve taking risks, but with severe consequences when either risks are miscalculated or ground truths change. Financial bets…
It's usually not a problem for a business to incur a short term operating loss.