3 ms·
Anyone remember deathwatch[0] from the first dot com bubble? It was based on actual financial statements "based on their reported liquid assets and loss rate.
by abarringer 10y ago
Anyone remember deathwatch[0] from the first dot com bubble?
It was based on actual financial statements "based on their reported liquid assets and loss rate. When the cash runs out, something bad for stockholders has to happen."
The weird thing is, at the time that statement was controversial. "We'll make it up in volume!"
http://downside.com/deathwatch.html[0] http://downside.com/deathwatch.html[0]